Journal Article

Rising Public Debt to GDP Can Harm Economic Growth


Abstract: The debt?growth relationship is complex, varying across countries and affected by global factors. While there is no simple universal threshold above which debt to GDP significantly depresses growth, high and rising public debt burdens slow growth in the long term, data from the past four decades indicate.

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Economic Letter

Publication Date: 2018-03

Volume: 13

Issue: 3

Pages: 1-4