Pregled bibliografske jedinice broj: 956220
A Review of the Rise of the US Public Debt Limit: Selected Theoretical Contributions and Legislative Changes
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)
CROSBI ID: 956220 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
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
