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Nikhil Patel
International Monetary Fund
Nikhil Patel is an economist in the research department at the International Monetary Fund (IMF). In the past, he has held positions at the Bank for International Settlements, the Asian Development Bank and the Hong Kong Institute for Monetary and Financial Research.
He holds a PhD in Economics from Columbia University.
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High public debt in India: 9 stylised facts
The Covid-induced surge in public debt in India was unique compared to its own history, but also bigger and driven by different factors relative to the average emerging market economy. In this post, Mishra and Patel document nine stylised facts on the recent evolution of sovereign debt and fiscal deficits in India – examining issues such as the cost of high debt levels, whether there are silver linings, and the path ahead.
20 December 2024
Macroeconomics
Macroeconomics
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