The growth of public debt in Italy: past experience, perspectives and policy problems
The work surveys the Italian experience with reference to growth and public debt. It does not seek to test conflicting views, as the effects of some financial and policy innovations are too recent and some data is of poor quality. Rather, its more limited scope is to draw on past experience and, mor...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-09-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10484/10362 |
| _version_ | 1818470555993505792 |
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| author | Lugi Spaventa |
| author_facet | Lugi Spaventa |
| author_sort | Lugi Spaventa |
| collection | DOAJ |
| description | The work surveys the Italian experience with reference to growth and public debt. It does not seek to test conflicting views, as the effects of some financial and policy innovations are too recent and some data is of poor quality. Rather, its more limited scope is to draw on past experience and, more importantly, assess future prospects in order to discuss some problems regarding both fiscal and monetary policy. The author examines debt formation with reference to borrowing requirements, their composition and their adjusted measure, before taking into consideration financing policies pursued by the authorities and the changes in the composition, ownership and cost of debt. Finally, possible future developments and some connected policy problems are examined. |
| first_indexed | 2024-04-13T21:38:54Z |
| format | Article |
| id | doaj.art-20d7e63805a6479d8b628f369d4365fd |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-13T21:38:54Z |
| publishDate | 2013-09-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-20d7e63805a6479d8b628f369d4365fd2022-12-22T02:28:50ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-09-0166266291324The growth of public debt in Italy: past experience, perspectives and policy problemsLugi SpaventaThe work surveys the Italian experience with reference to growth and public debt. It does not seek to test conflicting views, as the effects of some financial and policy innovations are too recent and some data is of poor quality. Rather, its more limited scope is to draw on past experience and, more importantly, assess future prospects in order to discuss some problems regarding both fiscal and monetary policy. The author examines debt formation with reference to borrowing requirements, their composition and their adjusted measure, before taking into consideration financing policies pursued by the authorities and the changes in the composition, ownership and cost of debt. Finally, possible future developments and some connected policy problems are examined.http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10484/10362public debtsovereign debtfiscal policydebt management |
| spellingShingle | Lugi Spaventa The growth of public debt in Italy: past experience, perspectives and policy problems PSL Quarterly Review public debt sovereign debt fiscal policy debt management |
| title | The growth of public debt in Italy: past experience, perspectives and policy problems |
| title_full | The growth of public debt in Italy: past experience, perspectives and policy problems |
| title_fullStr | The growth of public debt in Italy: past experience, perspectives and policy problems |
| title_full_unstemmed | The growth of public debt in Italy: past experience, perspectives and policy problems |
| title_short | The growth of public debt in Italy: past experience, perspectives and policy problems |
| title_sort | growth of public debt in italy past experience perspectives and policy problems |
| topic | public debt sovereign debt fiscal policy debt management |
| url | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10484/10362 |
| work_keys_str_mv | AT lugispaventa thegrowthofpublicdebtinitalypastexperienceperspectivesandpolicyproblems AT lugispaventa growthofpublicdebtinitalypastexperienceperspectivesandpolicyproblems |