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Staatsverschuldung quo vadis?

In: List Forum Band 32

Author

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  • Manfred Neumann

Abstract

In the present paper it is examined whether, and to what extent, the increase in public debt in Germany gives rise to a burden for future generations. It is investigated in particular how sustainability of public indebtness can be maintained such that the development of the ration of debt to national income is bounded and future welfare losses are avoided. Observing the Maastricht criteria is shown to be insufficient for coping with these requirements. They can, however, be satisfied by confining public debt to financing productive investments.(Original text only available in german language)

Suggested Citation

  • Manfred Neumann, 2006. "Staatsverschuldung quo vadis?," List Forum Chapter, in: List Gesellschaft e.V. (ed.), List Forum Band 32, edition 1, volume 2, chapter 8, pages 137-155, List Gesellschaft e.V..
    • Handle: RePEc:lst:lfchap:32-08
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    Keywords

    Government; debt;

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