Documents Fiscal Policy. IMF Fiscal Indicators IMF Fiscal Monitor Crisis spreads to other countries Background...

Slide 1 Fiscal Policy Slide 2 Slide 3 IMF Fiscal Indicators Slide 4 IMF Fiscal Monitor Crisis spreads to other countries Background Reading Slide 5 Can you run a deficit…

Documents Fiscal Policy. Can you run a deficit every year?

Slide 1 Fiscal Policy Slide 2 Slide 3 Slide 4 Slide 5 Can you run a deficit every year? Slide 6 If then Debt-to-GDP ratio stays stable. If > then deficit is “unsustainable”…