This note discusses the economics of government-debt accumulation. Fiscal deficits are only part of the picture; other factors include the level of debt as a percent of nominal GDP; the interest rate; the inflation rate; the growth rate; and changes in the exchange rate if some debt is owed in a foreign currency. The note discusses how these factors interact to affect government debt levels.

【書誌情報】

ページ数：6ページ

サイズ：A4

商品番号：HBSP-711087

発行日：2011/4/19

登録日：2011/9/14