
Publics debts : definitions and valuations, by Jean-Marc Leverrier. The article provides a definition of state debt and focuses on its évolution since 1975. In addition, local government debt enables to understand the evolution of general government debt. An additionnal study of long term debt of the main public sector firms leads to a first assessement of public sector debt exclusing public financial corporate enterprises. Last, the subject is broaden thanks to an international comparaison of general government debt and of household surplus (net lending).
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