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How Public Assets Makes Countries Stronger

Seyed Yousefi  |  October 3, 2019

By Sayed Yousefi, includes “… countries with stronger public asset positions indeed pay lower interest on their debt. In other words, financial markets seem to pay attention not just to a country’s debt, but also to its assets. Second, countries with stronger balance sheet positions tend to recover faster from downturns and the recession they do experience tend to be shallower.”

Read the full article on: Public Financial Management Blog

 
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