Public debt, fiscal rules and debt sustainability appear on 215 recent papers in the economics and finance journals, but only 41 of them carry an interest-rate, debt-service or monetary keyword. For a decade, low rates made debt look free. With interest costs now the fastest-growing budget item in several countries, which governments adjust, and how?
Papers in the last 30 days — public debt: 10 · fiscal rules: 3
Tax avoidance and profit shifting are steady topics across the finance, accounting and economics journals, but the 15% global minimum tax, in force in many countries since 2024, barely appears; only 3 of 103 recent papers carry a minimum-tax keyword. Does it end profit shifting, or move it to other margins?
Local government finance is rising in the economics journals, and local government debt is a large topic in finance as China's property slump cut land revenue. In late 2024 China launched a large swap of local governments' hidden debt. Did it get suppliers paid and credit flowing, or just move risk to banks?
Papers in the last 30 days — local government debt: 3 · land finance: 1