Author (Person) | Gros, Daniel |
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Publisher | Centre for European Policy Studies [CEPS] |
Series Title | CEPS Commentary |
Series Details | 8 May 2013 |
Publication Date | 08/05/2013 |
Content Type | Journal | Series | Blog |
Abstract: In surveying the heated debate in the eurozone about austerity and the cost of high public debt, this CEPS Commentary suggests that the influential paper by Carmen Reinhard and Kenneth Rogoff misses the key point that public debt owed to foreigners is different from debt owed to residents. |
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Source Link | Link to Main Source http://aei.pitt.edu/42069/1/DG_Commentary_External_vs_Domestic_Debt.pdf |
Countries / Regions | Europe |