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- Title
DEBTS, DEFICITS AND BORROWING COSTS.
- Authors
Barrell, Ray; Holland, Dawn
- Abstract
The article discusses the impact of global recession on debt stocks projection for the major economies in Great Britain. It offers projection over the evolution of debt for the following decade and their comparison to the pre-crisis projections from January 2008. It mentions the analysis of debt stock that may cause the potential increase on the cost of borrowing by governments. The article further offers information on the impact of the government debt issued by the members of European Monetary Union (EMU) on the gross domestic product of the nation.
- Subjects
UNITED Kingdom; ECONOMIC forecasting; ECONOMIC indicators; FINANCIAL crises; GROSS domestic product; ECONOMIC structure; ECONOMIC development; EUROPEAN Union; INTERNATIONAL cooperation
- Publication
National Institute Economic Review, 2009, Vol 208, p39
- ISSN
0027-9501
- Publication type
Article
- DOI
10.1177/0027950109338648