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The Future of Public Debt

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Paul Kedrosky
Paul Kedrosky
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The Future of Public Debt: Prospects and Implications Stephen Cecchetti * Economic Adviser and Head Monetary and Economic Department Bank for International Settlements First International Research Conference, Reserve Bank of India 12-13 February 2010 * Views expressed here are those of the author and do not necessarily reflect those of the BIS.
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Things are not as they seem ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Outline ,[object Object],[object Object],[object Object]
 
 
 
Long-term fiscal imbalances ,[object Object],[object Object],[object Object]
 
Debt-to-GDP Projections ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
Risks and risk premia ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
Debt and fiscal policy ,[object Object],[object Object],[object Object],[object Object]
Debt and monetary policy ,[object Object],[object Object]
Conclusions ,[object Object],[object Object],[object Object]
 

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The Future of Public Debt

  • 1. The Future of Public Debt: Prospects and Implications Stephen Cecchetti * Economic Adviser and Head Monetary and Economic Department Bank for International Settlements First International Research Conference, Reserve Bank of India 12-13 February 2010 * Views expressed here are those of the author and do not necessarily reflect those of the BIS.
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