Debt Ratio - Theories
In this section we look at some of the theories about the debt ratio. What determines the size of it? Does it matter? We also consider how it may be linked to other economic variables. The theories considered are:
- T1 PSNCR & the national debt - how indebted are we?
- T2 Causes of debt - what determines it?
- T3 Debt and Europe - the Maastricht criteria