To achieve the fiscal consolidation, it is need of the hour to bring down this ratio. This paper also endeavours to give the implication of this ratio and suggest ways to bring it down. Keywords: Debt, GDP, G-20 countries, threshold value, credit rating Introduction Gross Domestic Product ...
Don’t add any additional debtto the load you’re already carrying. If you at all get a new debt, the new debt should be to replace existing debt at a lower interest rate. An example is getting a debt consolidation loan or a personal loan at a lower interest rate to pay off higher ...
Therefore, according to Lenin, there are two types of debt: one serves as enabling economic growth, and thus is a sign of “consolidation and capitalization”, while the other one is disabling and better relates to “precariousness” (quoted in Akram-Lodhi and Kay, 2010: 192). To theorize...
At constant scope of consolidation and exchange rates, the change in sales was -1.3%, impacted by a high basis for year-on-year comparison, notably in France. The impact of changes in the scope of consolidation in the first half of 2012 was +5.4% and exchange rates had a positive ...
Adjusted for (de)consolidation and currency effects, revenue growth was 13.9%. EBITDA increased by 14.3% to EUR 462 million (2020: EUR 404 million) and the operating result increased by 42.0% to EUR 199 million (2020: EUR 140 million). Net profit was EUR 151 million, where a year ago ...
Mohieddine Kronfol, Franklin Templeton:We’re in a much better situation than a year ago when oil prices were south of $30 a barrel and people weren’t confident that we would be able to implement any of the structural reform or fiscal consolidation measures being announced. ...
We do need estimates of what the costs of adopting post-WWII like debt management strategies afar normalization would be, and balancing them against the benefits of postponing fiscal consolidation. And there is yet another issue. Last month Olivier Blanchard said that the technocratic calculation I...