DEBT FINANÑE:
FRENCH DEVELOPMENT PARADIGM
The article deals with the possibilities and threats of the debt finance by giving an example of France. Attention is drawn to the fact that in addition to the negative interpretation of the public debt there is an approach according to which it is rather admissible and constructive and its huge measurements are justified. Historical aspects of the development of the public debt and deficit in France, which were the objects of the researches of the Ukrainian financial science in XIX XX centuries, do not remain without attention. The author identified the notions preceding their appearance, accompanying their development, on this basis the multivariate analysis of the public debt was fulfilled. Attention is drawn to the specifics of the French financial terms in the context of the debt finance. The article is devoted to the causes and consequences of the public debt and deficit growth in France during the Fifth Republic and reducing of their sizes to the recommended limits.
[Download PDF version]
Keywords: debt finance, public debt of France, public deficit of France |
THEORY
Alexeeva Natalia
Assistant of Department of Finance
|
