Page 70 - ES 2020-21_Volume-1-2 [28-01-21]
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Does Growth Lead to Debt Sustainability? Yes, But Not Vice-Versa!  53


                         Figure 4: Relationship between iRGD (r-g) and Change in Government
                                           debt-to-GDP (d) across countries
                                                        Japan


















                                                       Canada



















                                                        China


















                                                      Malaysia
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