The paper analyzes the impact of the international crisis in terms of expansion of deficits and public debt in several countries. The relation between public debt and private debt is also interesting, in that it shows a significant substitution ratio between both that seems to have increased following the crisis.
The impact of the crisis on the public sector / G. Goisis - In: Real and financial issues in the international economic downturn / G. Goisis, P. Parravicini, G. Tagliabue, A. Karmann, A. Montesano, R. Motto, G. Palmerio, F. Passacantando, B. Rossignoli, F. Arnaboldi ; [a cura di] G. Goisis, P. Parravicini. - Milano : McGraw-Hill, 2011. - ISBN 9788838673009. - pp. I-138 (( Intervento presentato al 9. convegno L'economia reale e finanziaria a due anni dalla crisi tenutosi a Milano nel 2010.
The impact of the crisis on the public sector
G. GoisisPrimo
2011
Abstract
The paper analyzes the impact of the international crisis in terms of expansion of deficits and public debt in several countries. The relation between public debt and private debt is also interesting, in that it shows a significant substitution ratio between both that seems to have increased following the crisis.
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