General government debt in European Union countries and economic growth
General government debt in European Union countries and economic growth
Author(s): Grzegorz GórniewiczSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Rzeszowskiego
Keywords: general government debt; economic growth; European Union
Summary/Abstract: The aim of the article is to confirm a well-known thesis presented by Carmen Reinhard and KennethRogoff, stating as follows: after it has exceeded the level of 90% of GDP, general government debt negativelyaffects the rate of economic growth. The analysis refers to 28 countries of the European Union. Theapplied research methodology includes: comparative descriptive analysis, statistical data analysis and theAuthor’s own calculations.
Journal: Nierówności Społeczne a Wzrost Gospodarczy
- Issue Year: 2018
- Issue No: 55
- Page Range: 112-124
- Page Count: 13
- Language: English
