“Drastic measures” needed to curb public debt, says BIS

- David Evans
- 09 Apr 2010

Economists at the Bank for International Settlements have warned the fiscal problems facing industrial economies are more serious than official figures suggest, and that proposed measures for tackling public debt could prove insufficient.

In a report called The future of public debt: prospects and implications, the authors say important factors, such as the costs associated with ageing

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