With a W-shaped recession looming and debt piling up, the government should start issuing GDP-linked bonds

Milas, C. (6 November 2020) With a W-shaped recession looming and debt piling up, the government should start issuing GDP-linked bonds. British Politics and Policy at LSE.
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The way the government is attempting to stave off the recessionary impact of the pandemic on the economy means that both the UK budget deficit and debt are rising rapidly. Costas Milas explains why in this context there is an urgent need for government bonds to be linked to GDP.

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