As countries recover from the coronavirus pandemic, they are
confronted with an even more challenging debt crisis. Xavier Debrun
argues in the foreword that in deciding where we go from here that
there is no longer a consensus regarding the optimum design and
enforcement of fiscal rules. Rather we must address a series of
questions and challenges to the conventional wisdom. This readings
book provides an opportunity for scholars to explore these
questions from an international perspective, with reference to
European countries, and emerging nations as well as the United
States.
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