Overview
Required Readings:
- Abbas, S. M. Ali, Olivier Basdevant, Stephanie Eble, Greetje Everaert, Jan Gottschalk, Fuad Hasanov, Junhyung Park, Cemile Sancak, Ricardo Velloso, and Mauricio Villafuerte (2010). Strategies for Fiscal Consolidation in the Post-Crisis World (Washington, DC: International Monetary Fund, Fiscal Affairs Department); available at: http://www.imf.org/external/pubs/ft/dp/2010/dp1004.pdf.
Discussion Questions:
- Which one of the three main strategies to reduce public debt do you think will be the most efficient in the current U.S. economy?
- Do you consider that the current U.S. debt implies a significant intergenerational transfer against your generation?