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Public debt

Alternative labels
Sovereign debt
Subject Hierarchy
Broader terms
Public finance
Current term
Public debt
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Working paper

What has been the impact of COVID-19 on debt? Turning a wave into a tsunami


This paper presents a comprehensive analysis of the impact of COVID-19 on debt, puts recent debt developments and prospects in historical context, and analyses new policy challenges associated with debt resolution.
Report

Walking the path to the next global financial crisis


This report argues that failing to prepare now for the next financial crisis could destroy New Zealanders’ nest eggs and threaten their livelihoods.
Research Summary

Attitudes to COVID-19 budget repair


The research sought to understand what Australians think about government debt, which kinds of debt recovery measures are palatable, and what effective issue framing in budget repair would look like.
Policy report

The MMT hoax


Economic history teaches us that sharply deteriorating macroeconomic conditions create a vacuum for alternative policy-oriented frameworks to emerge. This paper evaluates the macroeconomic worth of Modern Monetary Theory (MMT) and concludes that adhering to the policy prescriptions of MMT would lead to disastrous macroeconomic consequences far worse than those it seeks to remedy.
Report

Fiscal sustainability: long-term budget scenarios


This report examines the sustainability of Australia's fiscal position by calculating future paths for debt under various scenarios for GDP growth, interest rates and the budget balance.