The influence of the public debt changes on the growth pace of national income in Europe Cover Image

Wpływ zmian wielkości długu publicznego na tempo wzrostu dochodu narodowego w Europie
The influence of the public debt changes on the growth pace of national income in Europe

Author(s): Jacek Ziemiecki
Subject(s): Socio-Economic Research
Published by: Główny Urząd Statystyczny
Keywords: international statistics; European countries; public debts; national income; pace of increase

Summary/Abstract: In the finance crisis years, The State Public Debt (domestic and foreign) is one of economic category elements which are influenced by market as well as economic politics. A low standardization degree of the public debt in statistics produced by IMF as well as Eurostat is an obstacle to conduct judicious politics of the public debt value shaping. The article presents projection which shows that a gradually abatement of debt can insignificantly reduce pace of the national income increase in the first years of the debt abatement. The pace of the national income increase can be bigger in the next years because the debt value will decrease.

  • Issue Year: 56/2011
  • Issue No: 02
  • Page Range: 59-68
  • Page Count: 10
  • Language: Polish
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