How to Manage Public Debts in the Euro Area?

Catherine Mathieu and Henri Sterdyniak ()

Chapter 8 in Managing Risks in the European Periphery Debt Crisis, 2015, pp 127-147 from Palgrave Macmillan

Abstract: Abstract The 2008 crisis led to a strong rise in public debts, by around 30 percentage points of GDP in terms of Maastricht debt for the euro area, 50 percentage points for the UK, 45 for the USA, and 60 for Japan (Table 8.1). At the end of 2013, almost all euro area countries will run higher than 60% of GDP public debts. This is also the case for the UK, Japan, and the USA.

Keywords: Interest Rate; Member State; Central Bank; Euro Area; Public Debt (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-30495-7_8

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DOI: 10.1057/9781137304957_8

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