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Public Wealth (Harris et al.)

A global picture of public wealth by Jason Harris, Abdelhak Senhadji and Alexander F. Tieman published by IMF (6/2019). “The chart shows that advanced economies have larger balance sheets compared to emerging markets and low-income developing countries. This reflects the size of their public sector, which generally provide more infrastructure and services. But advanced economies also have larger liabilities and, on average, lowe net worth.”

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