What is Government Debt
In the context of a nation, the financial liabilities of the government sector are referred to as the gross government debt. Changes in the government's debt over time are generally the result of borrowing money to cover deficits that occurred in the past. When the expenses of a government are more than the receipts, this results in a deficit. There is a possibility that the government owes debt to both local inhabitants and residents of other countries. The amount of money that is owing to people who are not citizens of the country is included in the country's external debt.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Government debt
Chapter 2: Economy of Lebanon
Chapter 3: Deficit spending
Chapter 4: Government budget balance
Chapter 5: National debt of the United States
Chapter 6: External debt
Chapter 7: Debt monetization
Chapter 8: Per capita income
Chapter 9: Global debt
Chapter 10: Deleveraging
Chapter 11: Sovereign default
Chapter 12: 1991 Indian economic crisis
Chapter 13: Financial position of the United States
Chapter 14: Canadian public debt
Chapter 15: Greek government-debt crisis
Chapter 16: Australian government debt
Chapter 17: United Kingdom national debt
Chapter 18: Purchasing power parity
Chapter 19: Causes of the European debt crisis
Chapter 20: Proposed long-term solutions for the eurozone crisis
Chapter 21: National debt of China
(II) Answering the public top questions about government debt.
(III) Real world examples for the usage of government debt in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Government Debt.