Debt and Burden and Intergeneration Equity

Toshihiro Ihori
Additional contact information
Toshihiro Ihori: Osaka University

Chapter 6 in The Economics of Public Debt, 1988, pp 149-197 from Palgrave Macmillan

Abstract: Abstract This chapter investigates an important aspect of the debt problem, namely the proposition that debt finance burdens future generations. If so, this can be both a critique of borrowing (since it may be abused by burdening future generations with the cost of services which are enjoyed currently) and an argument for borrowing (since it may be used to secure intergeneration equity by passing on part of the cast of capital outlays to the future).

Keywords: Public Debt; Public Capital; Foreign Asset; Government Debt; Debt Burden (search for similar items in EconPapers)
Date: 1988
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-19459-9_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349194599

DOI: 10.1007/978-1-349-19459-9_6

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().