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Government Spending and National Saving

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Debt, Deficit and Economic Performance

Part of the book series: Central Issues in Contemporary Economic Theory and Policy ((CICETP))

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Abstract

The first part of this paper presents a series of four charts that sumarize the fiscal experiences of eighteen OECD countries over the past twenty years. For each country the charts plot the net government debt, the overall budget balance, the level of government spending on goods and services, and the current account (all measured as a percent. of GDP). This section is primarly descriptive and is designed to provide background information.

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Bibliography

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© 1993 SIPI Srl. Rivista di Politica Economica

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McCallum, J. (1993). Government Spending and National Saving. In: Baldassarri, M., Mundell, R., McCallum, J. (eds) Debt, Deficit and Economic Performance. Central Issues in Contemporary Economic Theory and Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22919-2_3

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