L'objet de cet article est d'approfondir la question de la definition de la solvabilite de l'Etat. A la question, jusqu'où l'Etat peut-il s'endetter ? nous repondons que l'endettement public acceptable, ne conduisant pas à la faillite, est celui qui reste compatible avec un fonctionnement effectif de l'economie.
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Paper provided by Universite Aix-Marseille III in its series G.R.E.Q.A.M. with number
00a11.
Length: 26 pages Date of creation: 2000 Date of revision: Handle: RePEc:fth:aixmeq:00a11
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Find related papers by JEL classification: D9 - Microeconomics - - Intertemporal Choice and Growth E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy H6 - Public Economics - - National Budget, Deficit, and Debt