Government Debt, Debt Overhang and Debt Management: Theoretical Aspects
Keywords:
government borrowing, public debt, debt overhang, public debt management, debt decomposition, debt ratiosAbstract
The article describes the forms and types of government borrowing; the threat of a debt overhang on the economy; debt management instruments for the formation, monitoring and evaluation of a country’s financial stability, with an emphasis on its solvency and liquidity.
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