Development Economics
November 3, 2026
Role of the public debt in financing the state’s budget deficit
Discover role of the public debt in financing the state's budget deficit: borrowing mechanisms, sources of financing and economic consequences.
budget deficit
Macroeconomics
October 3, 2025
Budget deficit and public debt : a risk for the United States economy in 2025
When state expenditure exceeds its revenue, the budget shows a budget deficit, the accumulation of which over the years constitutes the state debt.
