The issue of public debt is becoming more and more relevant, and there is a worldwide concern about the increase of public debt in both developing and first-world countries. The objective of this review is to provide an overview of the evolution of the academic literature on public debt. For the dev...

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Main Author: Giraldo Díaz, Reinaldo
Format: Article
Online Access: https://revistas.sena.edu.co/index.php/RVI/article/view/6820
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author Giraldo Díaz, Reinaldo
author_facet Giraldo Díaz, Reinaldo
description The issue of public debt is becoming more and more relevant, and there is a worldwide concern about the increase of public debt in both developing and first-world countries. The objective of this review is to provide an overview of the evolution of the academic literature on public debt. For the development of the research, the methodological process consisted of two phases. On the one hand, a scientific mapping of the area, consisting of a bibliometric analysis of the scientific production registered in Scopus and, on the other hand, a network analysis that allowed the identification of the most relevant documents on public debt; from which the main research trends in the area were established. It was found that the network allows for the identification of three perspectives: 1. Relationship between public debt and economic growth; 2. Public debt and its social impact; 3. Relationship between public debt and fiscal policy. It is concluded that the literature agrees on public debt as a response mechanism not only to investment needs or compliance with the Sustainable Development Goals but also to pandemics, natural disasters, and other unplanned events.
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spellingShingle Public Debt: Bibliometric Analysis and Characterization of Perspectives
Giraldo Díaz, Reinaldo
title Public Debt: Bibliometric Analysis and Characterization of Perspectives
url https://revistas.sena.edu.co/index.php/RVI/article/view/6820