STURZU, Ion - In: ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal (2014) 2, pp. 53-59
Government debt (also known as public debt and national debt) is the debt owed by a central government. (In the U.S. and other federal states, "government debt" may also refer to the debt of a state or provincial government, municipal or local government). By contrast, the annual "government...