The imbalance between the government spending and its revenues (in the above house hold example, $10,000 in the first year and $10,500 in the second year)
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For example, Japan's general government gross debt to GDP was 233 as of 2016, while the same ratio for Greece was 185 Despite Japan having a higher
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For example, as noted above, when the government sells non-financial assets, such as public corporations, the proceeds reduce its net financial debt but there is
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Keywords: public debt; fiscal deficit; age-related spending; inflation; interest rates; of World War II, for example, government debts in excess of 100 of GDP
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The imbalance between the government spending and its revenues (in the above house hold example, $10,000 in the first year and $10,500 in the second year)
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For example, short positions in government bonds can be used to hedge interest- rate risk from holding other fixed-income securities Box 1 Liquidity Liquid
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debt In the Philippines, for example, external debt servicing in 2004 totalled $1 62 billion, close to 10 25 of the government's total expenditure for that year
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