The meaning and treatment of an “unsustainable” budget deficit
PSL Quarterly Review
View Archive InfoField | Value | |
Title |
The meaning and treatment of an “unsustainable” budget deficit
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Creator |
HOPKIN, B.
REDDAWAY, B. |
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Subject |
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Budgetary policy, deficits H61, H62 |
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Description |
Budgetary policy decisions in many Western countries are now overhung by anxiety about the growth of public debt. Substantial budget deficits are being run in these countries and in many of them public debt has recently grown not only in absolute terms but also as a proportion of GNP. A 'structural' deficit exists when a significant part of a budget deficit is not the result of the current recession and can be expected to remain if and when the recession is over unless the country changes its policies. JEL Codes: H61, H62Keywords: Budgetary policy, deficits
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Publisher |
Economia civile
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Contributor |
—
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Date |
2013-10-19
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10530
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Source |
PSL Quarterly Review; Vol 47, No 190 (1994)
PSL Quarterly Review; Vol 47, No 190 (1994) 2037-3643 ISSN 2037-3635 |
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Language |
eng
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Relation |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10530/10415
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Rights |
Copyright (c) 2016 B. HOPKIN, B. REDDAWAY
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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