Rahaman, A. and Mahadeo, S.
ORCID: https://orcid.org/0000-0001-8576-5755
(2024)
A critical assessment of the debt-to-GDP ratio in developing countries.
Journal of Economic Issues.
ISSN 1946-326X
(In Press)
Abstract/Summary
Single metrics of public debt – such as the debt-to-GDP ratio – is the most common measure of government debt used in economic analysis due to its simplicity and availability. However, it provides an incomplete profile of a nation’s debt position, which is largely determined by country-specific factors. As such, we undertake a comprehensive and critical assessment of debt-to-GDP as the sole measure of government debt. We also recommend the use of alternative indicators and the consolidation of a composite debt index derived from globally recognized indicators of government indebtedness.
| Item Type | Article |
| URI | https://centaur.reading.ac.uk/id/eprint/124469 |
| Refereed | Yes |
| Divisions | Arts, Humanities and Social Science > School of Politics, Economics and International Relations > Economics |
| Publisher | Routledge |
| Download/View statistics | View download statistics for this item |
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