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A Review of the Rise of the US Public Debt Limit: Selected Theoretical Contributions and Legislative Changes


Kurečić, Petar; Kokotović, Filip; Bandov, Goran
A Review of the Rise of the US Public Debt Limit: Selected Theoretical Contributions and Legislative Changes // Journal of Economic and Social Development (JESD), 5 (2018), 2; 30-37 (međunarodna recenzija, članak, znanstveni)


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Naslov
A Review of the Rise of the US Public Debt Limit: Selected Theoretical Contributions and Legislative Changes

Autori
Kurečić, Petar ; Kokotović, Filip ; Bandov, Goran

Izvornik
Journal of Economic and Social Development (JESD) (1849-6628) 5 (2018), 2; 30-37

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
public debt ; legal framework, macroeconomic imbalances ; the USA

Sažetak
For the most of its history, the US public debt has neither been a factor that, aside from rare crisis periods, acted as a factor of significant worry, nor was it a topic present in relevant policy debates. A key element often overlooked in the debate regarding the long-term sustainability of the public debt of developed economies is the legal framework that should prevent macroeconomic imbalances. The aim of this paper is to assess, through theoretical argumentation, the historical significance of the public debt in the USA. The paper concludes that the USA requires a more coherent and precise legal framework that will ensure the long-term stability of the American economy.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Politologija



POVEZANOST RADA


Ustanove:
Visoka škola međunarodnih odnosa i diplomacije Dag Hammarskjöld, Zagreb ,
Sveučilište Sjever, Koprivnica

Profili:

Avatar Url Petar Kurečić (autor)

Avatar Url Goran Bandov (autor)

Citiraj ovu publikaciju

Kurečić, Petar; Kokotović, Filip; Bandov, Goran
A Review of the Rise of the US Public Debt Limit: Selected Theoretical Contributions and Legislative Changes // Journal of Economic and Social Development (JESD), 5 (2018), 2; 30-37 (međunarodna recenzija, članak, znanstveni)
Kurečić, P., Kokotović, F. & Bandov, G. (2018) A Review of the Rise of the US Public Debt Limit: Selected Theoretical Contributions and Legislative Changes. Journal of Economic and Social Development (JESD), 5 (2), 30-37.
@article{article, year = {2018}, pages = {30-37}, keywords = {public debt, legal framework, macroeconomic imbalances, the USA}, journal = {Journal of Economic and Social Development (JESD)}, volume = {5}, number = {2}, issn = {1849-6628}, title = {A Review of the Rise of the US Public Debt Limit: Selected Theoretical Contributions and Legislative Changes}, keyword = {public debt, legal framework, macroeconomic imbalances, the USA} }
@article{article, year = {2018}, pages = {30-37}, keywords = {public debt, legal framework, macroeconomic imbalances, the USA}, journal = {Journal of Economic and Social Development (JESD)}, volume = {5}, number = {2}, issn = {1849-6628}, title = {A Review of the Rise of the US Public Debt Limit: Selected Theoretical Contributions and Legislative Changes}, keyword = {public debt, legal framework, macroeconomic imbalances, the USA} }




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