a second serious recession in 2011 because of the sovereign debt crisis. The reaction of Italian governments was mild at … the beginning and more convinced since the start of the sovereign debt crisis in 2011. Adopted policies contributed to … Italian economy to reduce the level of public debt and to return to sustained economic growth, which has been very weak for …

closed the second pillar and plans to use up the released capital to reduce the government deficit, debt and finance public …

macroeconomic stability and growth. Second, the tools of macroeconomic policy-fiscal and monetary policy together with debt … deficit and debt ratios. This paper discusses these macroeconomic dimensions, focusing on the developing world. The paper …

We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different …

well as the amounts of liquid and illiquid external debt. The equilibrium values of these variables depend on the amount of … foreign exchange reserves. A rise in foreign exchange reserves increases both liquid and total debt, while shortening debt … Table. The cross-country evidence shows that an increase in foreign exchange reserves raises external debt outstanding and …

and debt situation in Argentina during the 1998-2002 period. This underscores the economic nature of the decision to …

risk of debt-deflation and prolonged recession. Financialization operates through three different conduits: changes in the …