Challenges of the Knowledge Society (May 2018)
PUBLIC DEBT - THEORETICAL CONSIDERATIONS
Abstract
The article presents a point of view regarding the public debt management, in theoretical terms, characterized by a critical analysis both economically, financially and socially. Public debt has been, is and will be a topic of real interest for every society and for many of them it may be considered a way to modernize the mentality even of the population. Public debt management is a process that is closely linked and dependent on monetary and budgetary policy and involves the involvement of all those who have a say or can influence the transformation of these issues. Public debt management requires a permanent improvement through from the perspective of reforms which take place in the state administration process.