Fiscal policy: is today's perspective shaped by yesterday's facts?

Nov 4, 2016

An investor looks at an electronic board showing stock information at a brokerage house in Hefei, Anhui province December 9, 2008. China's stock market dropped in heavy trade on Tuesday, led by property and financial shares, on worries that November economic data, to be released in coming days, would be poor.

Budgetary responsibility and economic revitalization are both possible simultaneously. Image: REUTERS/Stringer

Jean Pisani-Ferry

Professor, Hertie School of Governance in Berlin

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Public Debt of the United States from 1990 - 2016

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