Publications

Policy Note 1999/4 | April 1999

Can Goldilocks Survive?

Growing government budget surpluses combined with growing trade deficits have generated record private sector deficits. Unless households continue to reduce their saving—creating an increasingly unsustainable debt burden—the impetus that has driven the expansion will evaporate.


Publication Highlight

Summary Vol. 30, No. 2
Summary Spring 2021
Author(s): Elizabeth Dunn, Michael Stephens
May 2021

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