Why All Debt is Not Alike

Government debt levels are a widely-reported statistic that show how well -- or how poorly -- a country's economy is doing. But those numbers don't tell the whole story, said Emi Nakamura, the David W. Zalaznick Associate Professor of Business at Columbia Business School, during a talk on the International Monetary Fund's latest Fiscal Monitor. The talk was sponsored by the Chazen Institute of International Business.