Public Sector Deficits and the Growth of the National Debt

  • Dominique Strauss-Kahn


The very rapid growth of the internal national debt observed in most industrialised countries since the beginning of the 1970s poses questions regarding the risks of such a situation and leads one to wonder whether the advantages that are associated with the persistent public sector deficits that lie at the root of this growing indebtedness really exist.


Interest Rate OECD Country Budget Deficit Budget Balance Liquid Asset 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Barro R. J. (1974) ‘Are Government Bonds Net Wealth?’ Journal of Political Economy, 1974, 6, pp. 1095–117.CrossRefGoogle Scholar
  2. Boskin M. J. (1982) ‘Federal Government Deficits: Some Myths and Realities’, American Economic Review, May 1982, 72, pp. 296–303.Google Scholar
  3. Buiter W. & Tobin J. (1979) ‘Debt Neutrality: a Brief Review of Doctrine and Evidence’, in Social Security Versus Private Saving, G. Von Furstenberg (ed.), Ballinger Publishing Co., 1977, pp. 39–63.Google Scholar
  4. Chouraqui J. C. & Price R. (1983) ‘Les Déficits du Secteur Public: Problèmes et Implications en Matière de Politique Économique’ OCDE, Etudes Spéciales, June 1983.Google Scholar
  5. Cox M. & Hirschhorn E. (1983) ‘The Market Value of US Government Debt: Monthly, 1942–1980’, Journal of Monetary Economics, March 1983, 1, pp. 261/272.CrossRefGoogle Scholar
  6. Eisner R. & Pieper P. J. (1983) ‘A New View of the Federal Debt and Budget Deficits’, Northeastern University & University of Illinois, June 1983.Google Scholar
  7. Holcombe R. G., Jackson J. D. & Zardkoohi A. (1981) ‘The National Debt Controversy’ Kyklos, 1981, 2, pp. 186–202.Google Scholar
  8. Kessler D., Masson A. & Strauss-Kahn D. (1979) ‘Epargne et Prévoyance Collective’, Organisation des Nations-Unies, 1979.Google Scholar
  9. Kochin L. A. (1974) ‘Are Future Taxes Anticipated by Consumers?’, Journal of Money, Credit and Banking, 1974, 3, pp. 385–94.CrossRefGoogle Scholar
  10. Koskela E. & Viren M. (1983) ‘National Debt Neutrality: Some International Evidence’, Kyklos, vol. 36, fasc. 4, 1983.Google Scholar
  11. Larosiere J. de (1984) ‘La Croissance de la Dette Publique et L’exigence de Discipline Financière’, 40è Congrès des IIFP, Innsbruck, Aug. 1984.Google Scholar
  12. Muller P. & Price W. R. (1984) ‘Déficits Budgétaires Structurels et Orientations de la Politique Budgétaire’, Document de Travail, OCDE, July 1984.Google Scholar
  13. Penner R. G. (1982) ‘How Much is Owed by the Federal Government?’ in Monetary Economic Review, May 1981, 71, pp. 134–8.Google Scholar
  14. Quaden G. (1982) ‘L’Expérience Belge des Déficits Publics’ Colloque du Groupe de Réflexion Economiques et Financières, Paris, 09.11.82, in Problèmes Economiques 23.02. 83, 1812, pp. 29–32.Google Scholar
  15. Seater J. J. (1981) ‘The Market Value of Outstanding Government Debt 1919–1975’, Journal of Monetary Economics, 1981, 8, pp. 85–101.CrossRefGoogle Scholar
  16. Sterdyniak H. (1982) ‘Financement Monétaire, Financement Obligataire des Déficits Publics’, Observatoire Français des Conjonctures Economiques, note ronéotée, Sept. 1982.Google Scholar
  17. Sterdyniak H (1983) ‘Théories et Pratiques du Déficit Public’, Observations et Diagnostics Économiques, 3, Feb. 1983.Google Scholar
  18. Strauss-Kahn D. (1983) ‘Un Réexamen de Quelques Questions Traditionnelles Appliqué au Cas des Déficits Publics en France,’ SUERF, Madrid, Oct. 1983.Google Scholar

Copyright information

© Fondation Internationale des Sciences Humaines 1988

Authors and Affiliations

  • Dominique Strauss-Kahn

There are no affiliations available

Personalised recommendations