Economics at your fingertips  

Factors generating public indebtedness in developed economies

Angela Roman () and Irina Bilan

Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice, 2008, vol. 55, 120-130

Abstract: This paper aims at pointing out the factors that have led to the accumulation of public debt in the countries currently considered as developed. It first analyzes the dynamics of public debt in industrialized countries, putting into light that its level has always been high. Establishing that a direct correlation exists between the evolution of the budget balance and public debt, it afterwards emphasizes the causes of budget deficits and, implicitly, of public debt by minutely analyzing the particularities concerning the level and structure of budget revenues and expenditures in developed countries.

Keywords: public debt; budget deficit; budget revenues; budget expenses (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf) (text/html)

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:

Access Statistics for this article

More articles in Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice from Alexandru Ioan Cuza University, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Sireteanu Napoleon-Alexandru ().

Page updated 2019-10-10
Handle: RePEc:aic:journl:y:2008:v:55:p:120-130