M. Borovikova, PhD, Assist. Taras Shevchenko Kyiv Nation. Univ., Kyiv PUBLIC DEBT GROWTH DURING POST CRISIS PERIOD AND WAYS OF ITS STABILIZATION

In this paper the main risks of public debt growth in the post-crisis period in both developed and developing countries are exemined, the main causes and possible negative consequences of this process are identified, as well as a number of measures to stabilize and reduce the national debt are developed.

Keywords: public debt, the debt crisis, public finance, fiscal deficits, fiscal consolidation.

DOI: http://dx.doi.org/10.17721/1728-2667.2013/149-8/7

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