Current maturities of long term debt means that portion of debt which is payable in current fiscal year.
The fiscal budget for the US in 2013 is an expected $2.9 trillion in revenue, with $3.8 trillion in expenditures. This will add $901 billion to the national debt.
yes
I suppose you mean public (government) debt?The 27 countries in EU had a total public debt of 10.8 trillion USD in 2007, 58% of GDP. (Debt in Euro for 2007, converted to USD at today's exchange rate.)For comparison, USA had public debt of 11.2 trillion USD in June 2009, 81% of GDP.Public debt in Europe has presumably increased since 2007, as European governments have dealt with the financial crisis with public spending much like USA has. So the numbers given here aren't really comparable (Europe pre-crisis and USA post-crisis), but I couldn't find more recent data for Europe.Although as a first approximation, the level of public debt seems to be similar.See related links, including the list of countries by public debt (2008 data).
Yes short term debt is a current liability for business and payable normally within one fiscal year and shown under current liability section of liability side of balance sheet.
Thomas F. Cosimano has written: 'Optimal fiscal and monetary policy with nominal and indexed debt' -- subject(s): Debts, Public, Fiscal policy, Monetary policy, Public Debts
B. C. Thaker has written: 'Fiscal policy, monetary analysis, and debt management' -- subject- s -: Debt, Fiscal policy, Monetary policy
Relating to taxation, public revenues, or public debt.
Need for public debt: During period of inflation and deflation it is a sound fiscal weapon.
Willi Leibfritz has written: 'Steuerbelastung der Unternehmen der deutschen Werkzeugmaschinenindustrie im internationalen Vergleich' -- subject(s): Taxation, Automobile industry and trade, Case studies, Motor vehicles 'Fiscal policy, government debt, and economic performance' -- subject(s): Debts, Public, Economic indicators, Fiscal policy, Public Debts 'Taxation and economic performance' -- subject(s): Economic policy, Taxation, Fiscal policy
Many Presidents favored a strong fiscal policy. Andrew Jackson was the only one who paid back the national debt. Bill Clinton was the last one to serve for a year in which the debt did not increase.
Fiscal policy ;o
Fiscal policy adjusts the the levels of debt or taxation to carry out mandated government programs. It allows the government to derive a budget to provide the needed amount of funding to carry out its mission.
Debt instruments issued by the government banks financial institutions Public sector companies is generally called bonds.
Pro-
Jeffrey Sheen has written: 'The effectiveness of fiscal policy in an economy with anticipatory wage contracts' 'A weekly model of the floating Australian dollar' 'Inflation, debt and fiscal policy attitudes in a perfect foresight model with transactions costs'
Michael Carlberg has written: 'International economic policy coordination' -- subject(s): Foreign economic relations, Monetary unions, Monetary policy, International economic relations, Fiscal policy 'European monetary union' -- subject(s): Economic and Monetary Union, Macroeconomics, Monetary policy, Monetary unions 'Monetary and Fiscal Policies in the Euro Area' 'An Economic Analysis of Monetary Union' 'Policy Coordination in a Monetary Union' 'International Economic Growth (Contributions to Economics)' 'Public debt, taxation, and government expenditures in a growing economy' -- subject(s): Econometric models, Expenditures, Public, Public investments, Debts, Public, Taxation, Finance, Public, Public Debts, Public Finance, Public Expenditures 'Ein Simulationsmodell zur Stadtplanung' -- subject(s): Cities and towns, Simulation methods, City planning