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Public Debt Management and Fiscal Policy

by David White 1,*
1
David White
*
Author to whom correspondence should be addressed.
Received: 15 June 2023 / Accepted: 20 July 2023 / Published Online: 24 August 2023

Abstract

The title "Public Debt Management and Fiscal Policy" encapsulates the interplay between a government's fiscal decisions and its management of public debt. This paper examines the critical relationship between these two domains within the broader context of economic governance. Public debt management is highlighted as a strategic tool for policymakers to ensure fiscal sustainability, while fiscal policy shapes the macroeconomic environment in which debt operations occur. The paper delves into the complexities of debt management, considering factors such as interest rate fluctuations, borrowing costs, and debt maturity structures. It further discusses how fiscal policy can either exacerbate or mitigate the risks associated with public debt, including issues of debt sustainability, crowding out of private investment, and the burden on future generations. By analyzing case studies and empirical evidence, this paper demonstrates the importance of aligning debt management strategies with fiscal policy objectives to achieve long-term economic stability.


Copyright: © 2023 by White. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
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APA Style
White, D. (2023). Public Debt Management and Fiscal Policy. Economics and Finance Research Letters, 5(2), 41. doi:10.69610/j.efrl.20230824
ACS Style
White, D. Public Debt Management and Fiscal Policy. Economics and Finance Research Letters, 2023, 5, 41. doi:10.69610/j.efrl.20230824
AMA Style
White D. Public Debt Management and Fiscal Policy. Economics and Finance Research Letters; 2023, 5(2):41. doi:10.69610/j.efrl.20230824
Chicago/Turabian Style
White, David 2023. "Public Debt Management and Fiscal Policy" Economics and Finance Research Letters 5, no.2:41. doi:10.69610/j.efrl.20230824

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ACS Style
White, D. Public Debt Management and Fiscal Policy. Economics and Finance Research Letters, 2023, 5, 41. doi:10.69610/j.efrl.20230824
AMA Style
White D. Public Debt Management and Fiscal Policy. Economics and Finance Research Letters; 2023, 5(2):41. doi:10.69610/j.efrl.20230824
Chicago/Turabian Style
White, David 2023. "Public Debt Management and Fiscal Policy" Economics and Finance Research Letters 5, no.2:41. doi:10.69610/j.efrl.20230824
APA style
White, D. (2023). Public Debt Management and Fiscal Policy. Economics and Finance Research Letters, 5(2), 41. doi:10.69610/j.efrl.20230824

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