000			01030nam a22001457a 4500
999			_c520461 _d520461
008			220915b ||||| |||| 00| 0 eng d
100			_aMenon, Rahul _934089
245			_aInflation, debt sustainability, and government borrowing in the time of the pandemic
260			_aEconomic and Political Weekly
300			_a 57(9), 26-Feb, 2022: p.12-16
520			_aPublic borrowing is essential to garner resources to combat the current pandemic. The ability to do so and adhere to the standard norms of debt sustainability will be harder for developing economies as compared to the developed, due to constraints, both structural and policy-induced. High food infl ation and the adoption of infl ation targeting will impose severe constraints on the ability to expand borrowing and maintain low levels of debt-to-GDP. In such a situation, governments must either rethink monetary policy and/or allow for debt ratios to rise. – Reproduced
773			_aEconomic and Political Weekly
906			_aMONETARY POLICY
942			_cAR