How Government Debt Accumulates

By Roscini, Dante / Schlefer, Jonathan

Economics

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.

Collection: HBSP (USA)

Ref: HBS-711087-E

Format: PDF

Number of pages: 6

Publication Date: Apr 19, 2011

Language: English

Review date: Feb 1, 2013

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How Government Debt Accumulates

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How Government Debt Accumulates

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How Government Debt Accumulates

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