This section analyzes the economic government debt accumulation. The budget deficit only part of the picture, other factors include the level of debt as a percentage of nominal GDP, interest rate, inflation, growth rates, and changes in the exchange rate, if some debt consists of liabilities in foreign currency. The note explains how these factors interact to affect the level of public debt. "Hide
on Dante Roscini, Jonathan Schlefer 6 pages. Publication date: April 19, 2011. Prod. #: 711087-PDF-ENG