Deficit-debt adjustment (also referred to in German)

The difference between the sum of the government deficit and the change in government debt, expressed as a percentage of gross domestic product. – See deficit propensity, default, control account, Minhas-Gerais problem, net creditor, policy default, government debt(s), Stability and Growth Pact, debt, debt stimulus, loss of confidence, growth-debt fact, historical. – See the situation in the euro area shown in the annex “Euro area statistics,” heading “Public finances,” subheading “Change in debt” in the respective ECB Monthly Bulletin.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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