Year: 2014
Type: article
Abstract: e purpose of this paper is to analyze the public debt in the EU member countries based on the "golden rule" of state indebtedness.is study analyzes the type of relationships that exist in the European Union (EU27) in the period 2008-2012, between the level of the public debt and: public investments, unemployment rate and economic growth in order to identify the destinations and eff ects of the public debt that represent pillars in the analysis of its sustainability.e analysis revealed an inverse relationship between public debt and public investments, thus increasing the public debt is not listed in stimulating public investments, but on the contrary it can be noticed their decline.
Source: JOURNAL OF INTERNATIONAL STUDIES
Author: Diana Marieta Mihaiu
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2024625787