At the end of 2008, national debt in Germany reached 1.518 Billion Euros. A huge share of these liabilities has its … excessive debt expansion was the much too optimistic fiscal policy strategy in the first post-unification years: The economic … identified in the statistics on debt of public budgets. Yet, the unification still burdens public budgets through various …

the pile-up of public debt since the 70s which in the 90s severely restricted ability to finance new investment. Second to …

balance to public debt positions. Overall, our results indicate that the region's public finances are in good shape as a …

subsidies add directly to the fiscal deficit and public debt, but are generally hidden, making their measurement difficult …. Additionally, in combination with lower growth rates, higher spending to rev up demand across Asia is also worsening the fiscal … forward-looking methodology for debt dynamics, the paper then examines the potential impact of responses to macroeconomic …