 | Public Debt and Fiscal Vulnerability in the Middle East Author/Editor: Ludvig Söderling, Hanan Morsy, Martin Petri, Martin Hommes, Manal Fouad, Wojciech Maliszewski. Release Date:January, 2007 Public debt in the Middle East increased during the mid-1990s mainly because of fiscal expansions. It decreased in recent years, thanks to high oil revenue, economic growth, some primary non-oil more...
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