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