Debt Free in the conference ‘The Financialisation and Development in the Global South’.

From 26 to 28 November 2019, SOMO, Centro Cultural de la Cooperación Floreal Gorini, with scholars from the University of Buenos Aires and the University of San Martín organized a conference titled ‘The Financialisation and Development in the Global South’. This conference brought together different academic communities, policymakers and civil society organizations. In particular, were…

Mainstream View

Notes on Optimal Debt Management

Consider the finance of an exogenous path of public expenditure, G(t),with taxes and public debt issues. In the absence of unexpected default,borrowing does not allow the government to escape taxes in a present-valuesense. But the choices of how much to borrow and in what form affect the timing of tax collections and the ways in…