• The Wealth of Nations: Governments Can Better Manage What They Own and Owe

    7 monthes ago - By iMF Direct

    By Vitor Gaspar , Jason Harris , and Alexander Tieman
    October 10, 2018
    عربي , 中文 , Español , Français , Baˈhasa indoneˈsia , 日本語 , Português , Русский
    A firefighter in Auckland, New Zealand: when governments know what they own they can put their assets to better use and can earn about 3 percent of GDP more in revenues to spend on citizens' well being
    What is the state of your personal finances? You probably think first about your debts: your mortgage, your credit card balance, and your student loans. But you probably also think about how much cash is sitting in the bank, the value of your...
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