Public Sector Deficits and the Growth of the National Debt

Dominique Strauss-Kahn

Chapter 6 in Public Sector Deficits in OECD Countries, 1988, pp 146-165 from Palgrave Macmillan

Abstract: Abstract The very rapid growth of the internal national debt observed in most industrialised countries since the beginning of the 1970s poses questions regarding the risks of such a situation and leads one to wonder whether the advantages that are associated with the persistent public sector deficits that lie at the root of this growing indebtedness really exist.

Keywords: Interest Rate; OECD Country; Budget Deficit; Budget Balance; Liquid Asset (search for similar items in EconPapers)
Date: 1988
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DOI: 10.1007/978-1-349-08952-9_6

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