The increase in debt in the last decade points to the need for lowering deficits, rebuilding space to deal with shocks, and strengthening fiscal rules
New accession candidates will need to undertake equally ambitious reforms to make the next expansion a comparable success
Empirical analysis points to low growth prospects as the main driver of this trend in 2023.
Combined measure allows for a deeper understanding of how wealth distribution affects the overall health of economies
Unknowns raise risk of financial market volatility and a sharp decline in economic growth
Elevated risks to public debt call for enduring and carefully designed fiscal adjustments
