Public Debt and Productivity : The Difficult Quest for Growth in Jamaica /

The paper analyzes Jamaica's experience of low growth despite consistently high investment. Cross-country analysis provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the specific channels through which high debt affects pro...

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Detalhes bibliográficos
Autor principal: Blavy, Rodolphe
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2006.
Colecção:IMF Working Papers; Working Paper ; No. 2006/235
Acesso em linha:Full text available on IMF