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A public debt: its essence, impact on economy and redemption possibilities
2016
Економічний вісник університету
An essence of public debt is reviewed in this article along with its impacts (good and bad) on economy and society of borrowing countries. Evolution of main indicators of public debt in certain countries is analyzed in this article. Authors also review public loan's redemption possibilities. Governments had to attract free capital of other business entities and citizens to satisfy various public needs and to cover its expenditures. Public debt together with taxes Financial climate of any
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