public debt
Public debt refers to the total amount of money owed by a government through borrowing from individuals, institutions, or other countries to finance its expenditures or cover budget deficits.
Requires login.
Related Concepts (35)
- aggregate demand
- bank bailouts
- bond markets
- budget deficit
- creditors
- debt accumulation
- debt ceiling
- debt crisis
- debt dynamics
- debt forgiveness
- debt monetization
- debt repayment
- debt restructuring
- debt servicing
- debt sustainability
- debt-to-gdp ratio
- deficit spending
- economic recovery
- economic stability
- economic stabilization
- external debt
- fiscal deficit
- fiscal stimulus
- government borrowing
- government expenditures
- government revenue
- government spending
- inflation and fiscal sustainability
- interest payments
- intergenerational equity and fiscal sustainability
- internal debt
- national debt
- public finance
- sovereign debt
- sovereign debt crisis