This note converse the economics of government debt accumulation. Fiscal deficits are only portion of the graphic; other variables include the level of debt as a percentage 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 variables interact to influence government debt levels.
PUBLICATION DATE: April 19, 2011 PRODUCT #: 711087-HCB-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
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