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The Public Debt Problem: A Comprehensive Guide

The Public Debt Problem: A Comprehensive Guide

Hardcover

EconomicsInvesting & Finance

ISBN10: 1137298065
ISBN13: 9781137298065
Publisher: Springer Nature
Published: Jan 7 2013
Pages: 212
Weight: 1.10
Height: 0.80 Width: 6.10 Depth: 9.10
Language: English
The European public debt problem was in the making long before the 2007-2009 recession, as budget deficits had become endemic. A similar crisis is now developing in America, where the same fundamental causes have been at work. The Public Debt Problem analyzes the situation of public debts in America and reviews official forecasts for the federal government. The author carefully explains the main concepts (budget deficit, public debt, etc.) and analytical tools (discounting, government accounting, Treasury securities, bonds, yields, etc.) necessary to understand the issues.

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Economics