公共债务:我们应该采取什么措施?流行病中期和后澳大利亚公共债务案例研究及其经济、政策和社会后果

IF 1 4区经济学 Q3 ECONOMICS

Australian Economic Review Pub Date : 2022-09-02 DOI:10.1111/1467-8462.12482

Sebastian Zwalf, Robin Scott

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引用次数: 1

摘要

2019冠状病毒病大流行导致世界各国政府突然积累了大量公共债务。我们考虑了澳大利亚联邦、州和地区政府的债务水平，并将其与债务可持续性的三个指标进行了比较。通过这些措施，我们发现当前和未来的公共债务水平处于学者和从业者认为可持续的范围内。然而，我们注意到，最近利率的上升将挑战这一点。最后，我们概述了新的高公共债务环境所带来的一系列经济、社会和政策挑战。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

Public Debt: What Measures Should We Use? A Case Study of Public Debt in Mid- and Post-pandemic Australia and Its Economic, Policy and Social Consequences

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Public Debt: What Measures Should We Use? A Case Study of Public Debt in Mid- and Post-pandemic Australia and Its Economic, Policy and Social Consequences

The COVID-19 pandemic saw governments around the world suddenly accumulate substantially higher levels of public debt. We consider the level of debt entered into by Australia's federal, state and territory governments and compare this against three metrics for debt sustainability. Using these measures, we find that current and future public debt levels sit within what is regarded as sustainable by scholarly and practitioner opinion. However, we note that recent increases in interest rates will challenge this. We conclude by outlining a range of economic, social and policy challenges arising from the new high public debt environment.

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来源期刊

Australian Economic Review ECONOMICS-

CiteScore

1.90

自引率

10.00%

发文量

期刊介绍： An applied economics journal with a strong policy orientation, The Australian Economic Review publishes high-quality articles applying economic analysis to a wide range of macroeconomic and microeconomic topics relevant to both economic and social policy issues. Produced by the Melbourne Institute of Applied Economic and Social Research, it is the leading journal of its kind in Australia and the Asia-Pacific region. While it is of special interest to Australian academics, students, policy makers, and others interested in the Australian economy, the journal also considers matters of international interest.