U.S. Macro Policies and Global Economic Challenges

This paper overviews different exit strategies for the U.S. from the debt-overhang, and analyses their implications for emerging markets and global stability. These strategies are discussed in the context of the debates about secular-stagnation versus debt-overhang, the fiscal theory of the price le...

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Bibliographic Details
Main Authors: Joshua Aizenman, Hiro Ito
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2020-12-01
Series:East Asian Economic Review
Subjects:
Online Access:https://dx.doi.org/10.11644/KIEP.EAER.2020.24.4.388