With many national governments around the world increasing their debt at unsustainable rates, this volume assembles a distinguished group of contributors who take a sobering look at factors behind the problem and potential solutions to address it. The volume draws on international experience to show that, while nations with sustainable spending and debt policies are rare, some countries have succeeded. Public Debt Sustainability: International Perspectives makes an important contribution to the debate on responsible fiscal policy. -- Randall G. Holcombe, Florida State University
