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IMF says global debt levels face ‘Great Election Year’ risk
Digital Journal www.digitaljournal.com
The path towards sustainable government debt levels around the world is under threat this year from the sheer number of elections taking place, the IMF said Wednesday in a new report. “History suggests, and empirical evidence confirms, that governments tend to spend more and or tax less in election year,” Vitor Gaspar, the head of […]
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