This article analyses the concept of public debt sustainability starting from the text of the Treaty of Maastricht, and it criticizes the Annex Protocol where it is specified the two "reference values": a public deficit/GDP ratio of 3% and a public debt/GDP ratio of 60%.
|Number of pages||20|
|Journal||QUARTERLY REVIEW. BANCA NAZIONALE DEL LAVORO|
|Publication status||Published - 1998|
- Basic sustainability relation
- EU countries screened by the sustainability relation
- Public debt level
- the primary deficit-debt relation