A note on the Italian public debt

Authors

  • F. GIAVAZZI

DOI:

https://doi.org/10.13133/2037-3643/11073

Keywords:

Italy, public debt, dynamic instability, policy, fiscal contraction

Abstract

The work deals with the current level and growth rate of Italy’s public debt. First, by looking at the evidence available, the author establishes the causes of the rapid growth in public debt, and the extent to which the Italian experience has been shared by other European countries. The issue of dynamic instability is then addressed. Finally, the author attempts to answer the question whether a fiscal contraction now is indeed a reasonable policy option.


JEL: H63

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Published

2013-11-21

How to Cite

GIAVAZZI, F. (2013). A note on the Italian public debt. PSL Quarterly Review, 37(149). https://doi.org/10.13133/2037-3643/11073

Issue

Vol. 37 No. 149 (1984)

Section

Editorial

License

 
 
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