SlideShare a Scribd company logo
PUBLIC BORROWING AND PUBLIC DEBT/THEORIES OF
PUBLIC BORROWING
PA10 – PUBLIC FISCAL ADMINSTRATION
3RD YEAR- BPA A31
TAGUIG CITY UNIVERSITY
LEADER: RICARDO PERRAS
ROMEILYN APLACADOR
REX RAMOS
RENESSA CASCANO
HAROLD DHAN MIRABALLES
What is public borrowing?
Public borrowing involves transfer of purchasing power from individual
to government and a subsequent retransfer of the same to the
individuals from the government. Thus, public debt, in one sense, has
the 'revenue effect', and, in another sense, has the 'expenditure effect'.
How does government borrow money from public?
Government borrows through issue of government securities called G-secs and Treasury Bills. ... It is
essentially the total amount of money that the central government borrows to fund its spending on
public services and benefits
Internal and External Debt:
Public loans floated within the country are called internal debt. Public
borrowings from other countries are referred as external debt.
External debt represents a claim of foreigners against the real income of the
country, when it borrows from other countries and has to repay at the time of
maturity.
External public debt permits import of real resources. It enables the country to
consume more than it produces.
Public debt allows governments to raise funds to grow their economy or pay
for services. Politicians prefer to raise public debt rather than raise taxes.
When public debt reaches 77% of GDP or higher, the debt begins to slow
growth.
What are the advantages of public debt?
The main types of personal debt are secured debt, unsecured debt, revolving
debt, and mortgages.
Secured debt requires some form of collateral, while unsecured debt is solely
based on an individual's creditworthiness.
A credit card is an example of unsecured revolving debt and a home equity line
of credit is a secured revolving debt.
Mortgages are home loans that typically have 15- or 30-year terms, with the
real estate serving as collateral.
https://www.economicsdiscussion.net/public-finance/public-borrowing-effects-and-
justification/17470#:~:text=Public%20borrowing%20involves%20transfer%20of,has%20the%20'expenditur
e%20effect'.
References
https://www.focus-economics.com/economic-indicator/public-debt
https://www.investopedia.com/ask/answers/110614/what-are-main-categories-debt.asp

More Related Content

What's hot

Philippine Debt Crisis
Philippine Debt CrisisPhilippine Debt Crisis
Philippine Debt Crisis
brianbelen
 
Debt Management
Debt ManagementDebt Management
Debt Management
Kiran Babu
 
Philippine Public Fiscal Administration by Daisy T. Besing (MPA)
Philippine Public Fiscal Administration by Daisy T. Besing (MPA)Philippine Public Fiscal Administration by Daisy T. Besing (MPA)
Philippine Public Fiscal Administration by Daisy T. Besing (MPA)
Daisy Besing
 
The impact of external debt and adjustment policies
The impact of external debt and adjustment policiesThe impact of external debt and adjustment policies
The impact of external debt and adjustment policies
Dada Ilagan
 
Fiscal deficit
Fiscal deficitFiscal deficit
Fiscal deficit
Mohit Shukla
 
Public Budgeting System and Expenditures
Public Budgeting System and ExpendituresPublic Budgeting System and Expenditures
Public Budgeting System and Expenditures
Karen S.
 
Public Debt
Public DebtPublic Debt
Public Debt
Dr.JANGRAIZ KHAN
 
The Constitutional and Legal Basis of Public Finance in the Philippines
The Constitutional and Legal Basis of Public Finance in the PhilippinesThe Constitutional and Legal Basis of Public Finance in the Philippines
The Constitutional and Legal Basis of Public Finance in the Philippines
Lym Relampagos Ongoy
 
Fiscal control mechanisms-mfdeRamos
Fiscal control mechanisms-mfdeRamosFiscal control mechanisms-mfdeRamos
Fiscal control mechanisms-mfdeRamos
Rag Pombo
 
Government Budget Procedures
Government Budget ProceduresGovernment Budget Procedures
Government Budget Procedures
Abu Nahiyan
 
Philippine debt (1)
Philippine debt (1)Philippine debt (1)
Philippine debt (1)
joy000 renojo
 
Public Budgeting Presentation
Public Budgeting PresentationPublic Budgeting Presentation
Public Budgeting Presentation
Steven Yang
 
Public financial management assessment in the philippines
Public financial management assessment in the philippinesPublic financial management assessment in the philippines
Public financial management assessment in the philippines
CHED
 
Government budgeting & expenditures issues & problems
Government budgeting & expenditures issues & problemsGovernment budgeting & expenditures issues & problems
Government budgeting & expenditures issues & problems
Louie Medinaceli
 
Fiscal administration 2 ppt
Fiscal administration 2 pptFiscal administration 2 ppt
Fiscal administration 2 ppt
Louie Medinaceli
 
Patterns of Philippine Expenditure
Patterns of Philippine ExpenditurePatterns of Philippine Expenditure
Patterns of Philippine Expenditure
Rhea Domingo
 
Public finance
Public financePublic finance
Public finance
Nithin Kumar
 
Economics:Public Debt
Economics:Public  DebtEconomics:Public  Debt
Economics:Public Debt
St Mary's College,Thrissur,Kerala
 
Public Fiscal Administration Part 1
Public Fiscal Administration Part 1Public Fiscal Administration Part 1
Public Fiscal Administration Part 1
Lai En Xin
 
Fiscal Policy Ppt
Fiscal Policy PptFiscal Policy Ppt
Fiscal Policy Ppt
CAG
 

What's hot (20)

Philippine Debt Crisis
Philippine Debt CrisisPhilippine Debt Crisis
Philippine Debt Crisis
 
Debt Management
Debt ManagementDebt Management
Debt Management
 
Philippine Public Fiscal Administration by Daisy T. Besing (MPA)
Philippine Public Fiscal Administration by Daisy T. Besing (MPA)Philippine Public Fiscal Administration by Daisy T. Besing (MPA)
Philippine Public Fiscal Administration by Daisy T. Besing (MPA)
 
The impact of external debt and adjustment policies
The impact of external debt and adjustment policiesThe impact of external debt and adjustment policies
The impact of external debt and adjustment policies
 
Fiscal deficit
Fiscal deficitFiscal deficit
Fiscal deficit
 
Public Budgeting System and Expenditures
Public Budgeting System and ExpendituresPublic Budgeting System and Expenditures
Public Budgeting System and Expenditures
 
Public Debt
Public DebtPublic Debt
Public Debt
 
The Constitutional and Legal Basis of Public Finance in the Philippines
The Constitutional and Legal Basis of Public Finance in the PhilippinesThe Constitutional and Legal Basis of Public Finance in the Philippines
The Constitutional and Legal Basis of Public Finance in the Philippines
 
Fiscal control mechanisms-mfdeRamos
Fiscal control mechanisms-mfdeRamosFiscal control mechanisms-mfdeRamos
Fiscal control mechanisms-mfdeRamos
 
Government Budget Procedures
Government Budget ProceduresGovernment Budget Procedures
Government Budget Procedures
 
Philippine debt (1)
Philippine debt (1)Philippine debt (1)
Philippine debt (1)
 
Public Budgeting Presentation
Public Budgeting PresentationPublic Budgeting Presentation
Public Budgeting Presentation
 
Public financial management assessment in the philippines
Public financial management assessment in the philippinesPublic financial management assessment in the philippines
Public financial management assessment in the philippines
 
Government budgeting & expenditures issues & problems
Government budgeting & expenditures issues & problemsGovernment budgeting & expenditures issues & problems
Government budgeting & expenditures issues & problems
 
Fiscal administration 2 ppt
Fiscal administration 2 pptFiscal administration 2 ppt
Fiscal administration 2 ppt
 
Patterns of Philippine Expenditure
Patterns of Philippine ExpenditurePatterns of Philippine Expenditure
Patterns of Philippine Expenditure
 
Public finance
Public financePublic finance
Public finance
 
Economics:Public Debt
Economics:Public  DebtEconomics:Public  Debt
Economics:Public Debt
 
Public Fiscal Administration Part 1
Public Fiscal Administration Part 1Public Fiscal Administration Part 1
Public Fiscal Administration Part 1
 
Fiscal Policy Ppt
Fiscal Policy PptFiscal Policy Ppt
Fiscal Policy Ppt
 

Similar to PUBLIC BORROWING AND PUBLIC DEBTS

Problem of debt servicing
Problem of debt servicingProblem of debt servicing
Problem of debt servicing
Shipra Srivastava
 
Is Foreign Debt A Problem Of Bangladesh
Is Foreign Debt A Problem Of BangladeshIs Foreign Debt A Problem Of Bangladesh
Is Foreign Debt A Problem Of Bangladesh
Rayees Aryan
 
BEST PUBLIC FINANCE.pdf
BEST PUBLIC FINANCE.pdfBEST PUBLIC FINANCE.pdf
BEST PUBLIC FINANCE.pdf
MinawBelay
 
FISCAL ECONOMICS (1).pptx
FISCAL ECONOMICS (1).pptxFISCAL ECONOMICS (1).pptx
FISCAL ECONOMICS (1).pptx
VishnuSuba1
 
Balance of payments,
Balance of payments,Balance of payments,
Balance of payments,
Jubayer Alam Shoikat
 
Fiscal policy( m us q)
Fiscal policy( m us q)Fiscal policy( m us q)
Fiscal policy( m us q)
Ghazi University
 
ECU_08606 LECTURE 8.ppt
ECU_08606 LECTURE 8.pptECU_08606 LECTURE 8.ppt
ECU_08606 LECTURE 8.ppt
vailethmwaisanila
 
The Effects of Public Debt on Economic Growth in Bangladesh: An Evidence from...
The Effects of Public Debt on Economic Growth in Bangladesh: An Evidence from...The Effects of Public Debt on Economic Growth in Bangladesh: An Evidence from...
The Effects of Public Debt on Economic Growth in Bangladesh: An Evidence from...
International Journal of Economics and Financial Research
 
The Role of Public Official Bonds in Promoting Ethical Governance and Account...
The Role of Public Official Bonds in Promoting Ethical Governance and Account...The Role of Public Official Bonds in Promoting Ethical Governance and Account...
The Role of Public Official Bonds in Promoting Ethical Governance and Account...
chris10martin
 
External debt and economic growth
External debt and economic growthExternal debt and economic growth
External debt and economic growth
Arshad Ali, PhD
 
A civil defense of municipal bond investing by f. kneeland
A civil defense of municipal bond investing by f. kneelandA civil defense of municipal bond investing by f. kneeland
A civil defense of municipal bond investing by f. kneeland
Pim Piepers
 
A civil defense of municipal bond investing by F. Kneeland
A civil defense of municipal bond investing by F. KneelandA civil defense of municipal bond investing by F. Kneeland
A civil defense of municipal bond investing by F. Kneeland
Pim Piepers
 
India sovereign bonds 27072019
India sovereign bonds 27072019India sovereign bonds 27072019
India sovereign bonds 27072019
Shantanu Basu
 
Should India sell sovereign bonds?
Should India sell sovereign bonds?Should India sell sovereign bonds?
Should India sell sovereign bonds?
Shantanu Basu
 
Debt Managment in Pakistan
Debt Managment in PakistanDebt Managment in Pakistan
Debt Managment in Pakistan
Ghulam Hasnain
 
Explaining Debt in Collection
Explaining Debt in CollectionExplaining Debt in Collection
Explaining Debt in Collection
Global Client Solutions
 
What is the international debt crisis
What is the international debt crisisWhat is the international debt crisis
What is the international debt crisis
realsam
 
Financial System .pptx
Financial System .pptxFinancial System .pptx
Financial System .pptx
MuhammadMuzammil153304
 
Public official bond a comprehensive approach
Public official bond a comprehensive approachPublic official bond a comprehensive approach
Public official bond a comprehensive approach
chris10martin
 
Debt Managment in Pakistan
Debt Managment in PakistanDebt Managment in Pakistan
Debt Managment in Pakistan
Ghulam Hasnain
 

Similar to PUBLIC BORROWING AND PUBLIC DEBTS (20)

Problem of debt servicing
Problem of debt servicingProblem of debt servicing
Problem of debt servicing
 
Is Foreign Debt A Problem Of Bangladesh
Is Foreign Debt A Problem Of BangladeshIs Foreign Debt A Problem Of Bangladesh
Is Foreign Debt A Problem Of Bangladesh
 
BEST PUBLIC FINANCE.pdf
BEST PUBLIC FINANCE.pdfBEST PUBLIC FINANCE.pdf
BEST PUBLIC FINANCE.pdf
 
FISCAL ECONOMICS (1).pptx
FISCAL ECONOMICS (1).pptxFISCAL ECONOMICS (1).pptx
FISCAL ECONOMICS (1).pptx
 
Balance of payments,
Balance of payments,Balance of payments,
Balance of payments,
 
Fiscal policy( m us q)
Fiscal policy( m us q)Fiscal policy( m us q)
Fiscal policy( m us q)
 
ECU_08606 LECTURE 8.ppt
ECU_08606 LECTURE 8.pptECU_08606 LECTURE 8.ppt
ECU_08606 LECTURE 8.ppt
 
The Effects of Public Debt on Economic Growth in Bangladesh: An Evidence from...
The Effects of Public Debt on Economic Growth in Bangladesh: An Evidence from...The Effects of Public Debt on Economic Growth in Bangladesh: An Evidence from...
The Effects of Public Debt on Economic Growth in Bangladesh: An Evidence from...
 
The Role of Public Official Bonds in Promoting Ethical Governance and Account...
The Role of Public Official Bonds in Promoting Ethical Governance and Account...The Role of Public Official Bonds in Promoting Ethical Governance and Account...
The Role of Public Official Bonds in Promoting Ethical Governance and Account...
 
External debt and economic growth
External debt and economic growthExternal debt and economic growth
External debt and economic growth
 
A civil defense of municipal bond investing by f. kneeland
A civil defense of municipal bond investing by f. kneelandA civil defense of municipal bond investing by f. kneeland
A civil defense of municipal bond investing by f. kneeland
 
A civil defense of municipal bond investing by F. Kneeland
A civil defense of municipal bond investing by F. KneelandA civil defense of municipal bond investing by F. Kneeland
A civil defense of municipal bond investing by F. Kneeland
 
India sovereign bonds 27072019
India sovereign bonds 27072019India sovereign bonds 27072019
India sovereign bonds 27072019
 
Should India sell sovereign bonds?
Should India sell sovereign bonds?Should India sell sovereign bonds?
Should India sell sovereign bonds?
 
Debt Managment in Pakistan
Debt Managment in PakistanDebt Managment in Pakistan
Debt Managment in Pakistan
 
Explaining Debt in Collection
Explaining Debt in CollectionExplaining Debt in Collection
Explaining Debt in Collection
 
What is the international debt crisis
What is the international debt crisisWhat is the international debt crisis
What is the international debt crisis
 
Financial System .pptx
Financial System .pptxFinancial System .pptx
Financial System .pptx
 
Public official bond a comprehensive approach
Public official bond a comprehensive approachPublic official bond a comprehensive approach
Public official bond a comprehensive approach
 
Debt Managment in Pakistan
Debt Managment in PakistanDebt Managment in Pakistan
Debt Managment in Pakistan
 

More from JaypeeRojas

Public Policy Formulation Process
Public Policy Formulation ProcessPublic Policy Formulation Process
Public Policy Formulation Process
JaypeeRojas
 
Finance Work at LGUs
Finance Work at LGUsFinance Work at LGUs
Finance Work at LGUs
JaypeeRojas
 
Current Issues in Public Personnel Administration
Current Issues in Public Personnel AdministrationCurrent Issues in Public Personnel Administration
Current Issues in Public Personnel Administration
JaypeeRojas
 
The Civil Service Commission
The Civil Service CommissionThe Civil Service Commission
The Civil Service Commission
JaypeeRojas
 
Budgeting and Evaluation
Budgeting and EvaluationBudgeting and Evaluation
Budgeting and Evaluation
JaypeeRojas
 
Balanced Surplus and Deficit Budget
Balanced Surplus and Deficit BudgetBalanced Surplus and Deficit Budget
Balanced Surplus and Deficit Budget
JaypeeRojas
 
Trends and Prospects in Public Personnel Administration
Trends and Prospects in Public Personnel AdministrationTrends and Prospects in Public Personnel Administration
Trends and Prospects in Public Personnel Administration
JaypeeRojas
 
The Newly Created Local Government Code of the Philippines
The Newly Created Local Government Code of the PhilippinesThe Newly Created Local Government Code of the Philippines
The Newly Created Local Government Code of the Philippines
JaypeeRojas
 
Safety & Health and Employee Relations
Safety & Health and Employee RelationsSafety & Health and Employee Relations
Safety & Health and Employee Relations
JaypeeRojas
 
RA 6713
RA 6713RA 6713
RA 6713
JaypeeRojas
 
RA 6713
RA 6713RA 6713
RA 6713
JaypeeRojas
 
CHARACTERISTICS AND POWERS OF GOCCs
CHARACTERISTICS AND POWERS OF GOCCsCHARACTERISTICS AND POWERS OF GOCCs
CHARACTERISTICS AND POWERS OF GOCCs
JaypeeRojas
 
PUBLIC ACCOUNTABILITY
PUBLIC ACCOUNTABILITYPUBLIC ACCOUNTABILITY
PUBLIC ACCOUNTABILITY
JaypeeRojas
 
RA 11058
RA 11058RA 11058
RA 11058
JaypeeRojas
 
Regional Government
Regional GovernmentRegional Government
Regional Government
JaypeeRojas
 
Regional government
Regional governmentRegional government
Regional government
JaypeeRojas
 

More from JaypeeRojas (16)

Public Policy Formulation Process
Public Policy Formulation ProcessPublic Policy Formulation Process
Public Policy Formulation Process
 
Finance Work at LGUs
Finance Work at LGUsFinance Work at LGUs
Finance Work at LGUs
 
Current Issues in Public Personnel Administration
Current Issues in Public Personnel AdministrationCurrent Issues in Public Personnel Administration
Current Issues in Public Personnel Administration
 
The Civil Service Commission
The Civil Service CommissionThe Civil Service Commission
The Civil Service Commission
 
Budgeting and Evaluation
Budgeting and EvaluationBudgeting and Evaluation
Budgeting and Evaluation
 
Balanced Surplus and Deficit Budget
Balanced Surplus and Deficit BudgetBalanced Surplus and Deficit Budget
Balanced Surplus and Deficit Budget
 
Trends and Prospects in Public Personnel Administration
Trends and Prospects in Public Personnel AdministrationTrends and Prospects in Public Personnel Administration
Trends and Prospects in Public Personnel Administration
 
The Newly Created Local Government Code of the Philippines
The Newly Created Local Government Code of the PhilippinesThe Newly Created Local Government Code of the Philippines
The Newly Created Local Government Code of the Philippines
 
Safety & Health and Employee Relations
Safety & Health and Employee RelationsSafety & Health and Employee Relations
Safety & Health and Employee Relations
 
RA 6713
RA 6713RA 6713
RA 6713
 
RA 6713
RA 6713RA 6713
RA 6713
 
CHARACTERISTICS AND POWERS OF GOCCs
CHARACTERISTICS AND POWERS OF GOCCsCHARACTERISTICS AND POWERS OF GOCCs
CHARACTERISTICS AND POWERS OF GOCCs
 
PUBLIC ACCOUNTABILITY
PUBLIC ACCOUNTABILITYPUBLIC ACCOUNTABILITY
PUBLIC ACCOUNTABILITY
 
RA 11058
RA 11058RA 11058
RA 11058
 
Regional Government
Regional GovernmentRegional Government
Regional Government
 
Regional government
Regional governmentRegional government
Regional government
 

Recently uploaded

Researching the client.pptxsxssssssssssssssssssssss
Researching the client.pptxsxssssssssssssssssssssssResearching the client.pptxsxssssssssssssssssssssss
Researching the client.pptxsxssssssssssssssssssssss
DanielOliver74
 
Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...
Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...
Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...
OECDregions
 
PPT Item # 7 - 231 Encino Avenue (sign. review)
PPT Item # 7 - 231 Encino Avenue (sign. review)PPT Item # 7 - 231 Encino Avenue (sign. review)
PPT Item # 7 - 231 Encino Avenue (sign. review)
ahcitycouncil
 
RFP for Reno's Community Assistance Center
RFP for Reno's Community Assistance CenterRFP for Reno's Community Assistance Center
RFP for Reno's Community Assistance Center
This Is Reno
 
快速办理(Bristol毕业证书)布里斯托大学毕业证Offer一模一样
快速办理(Bristol毕业证书)布里斯托大学毕业证Offer一模一样快速办理(Bristol毕业证书)布里斯托大学毕业证Offer一模一样
快速办理(Bristol毕业证书)布里斯托大学毕业证Offer一模一样
3woawyyl
 
CFYT Rolling Ads Dawson City Yukon Canada
CFYT Rolling Ads Dawson City Yukon CanadaCFYT Rolling Ads Dawson City Yukon Canada
CFYT Rolling Ads Dawson City Yukon Canada
pmenzies
 
PPT Item # 4 - 434 College Blvd. (sign. review)
PPT Item # 4 - 434 College Blvd. (sign. review)PPT Item # 4 - 434 College Blvd. (sign. review)
PPT Item # 4 - 434 College Blvd. (sign. review)
ahcitycouncil
 
PPT Item # 5 - 318 Tuxedo Ave. (sign. review)
PPT Item # 5 - 318 Tuxedo Ave. (sign. review)PPT Item # 5 - 318 Tuxedo Ave. (sign. review)
PPT Item # 5 - 318 Tuxedo Ave. (sign. review)
ahcitycouncil
 
PUBLIC FINANCIAL MANAGEMENT SYSTEM (PFMS) and DBT.pptx
PUBLIC FINANCIAL MANAGEMENT SYSTEM (PFMS) and DBT.pptxPUBLIC FINANCIAL MANAGEMENT SYSTEM (PFMS) and DBT.pptx
PUBLIC FINANCIAL MANAGEMENT SYSTEM (PFMS) and DBT.pptx
Marked12
 
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.Combined Illegal, Unregulated and Unreported (IUU) Vessel List.
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.
Christina Parmionova
 
原版制作(Hope毕业证书)利物浦霍普大学毕业证文凭证书一模一样
原版制作(Hope毕业证书)利物浦霍普大学毕业证文凭证书一模一样原版制作(Hope毕业证书)利物浦霍普大学毕业证文凭证书一模一样
原版制作(Hope毕业证书)利物浦霍普大学毕业证文凭证书一模一样
ii2sh2v
 
快速办理(UVM毕业证书)佛蒙特大学毕业证学位证一模一样
快速办理(UVM毕业证书)佛蒙特大学毕业证学位证一模一样快速办理(UVM毕业证书)佛蒙特大学毕业证学位证一模一样
快速办理(UVM毕业证书)佛蒙特大学毕业证学位证一模一样
yemqpj
 
Bangladesh studies presentation on Liberation War 1971 Indepence-of-Banglades...
Bangladesh studies presentation on Liberation War 1971 Indepence-of-Banglades...Bangladesh studies presentation on Liberation War 1971 Indepence-of-Banglades...
Bangladesh studies presentation on Liberation War 1971 Indepence-of-Banglades...
ssuser05e8f3
 
Item #s 8&9 -- Demolition Code Amendment
Item #s 8&9 -- Demolition Code AmendmentItem #s 8&9 -- Demolition Code Amendment
Item #s 8&9 -- Demolition Code Amendment
ahcitycouncil
 
A proposed request for information on LIHTC
A proposed request for information on LIHTCA proposed request for information on LIHTC
A proposed request for information on LIHTC
Roger Valdez
 
Invitation Letter for an alumni association
Invitation Letter for an alumni associationInvitation Letter for an alumni association
Invitation Letter for an alumni association
elmerdalida001
 
2024: The FAR - Federal Acquisition Regulations, Part 39
2024: The FAR - Federal Acquisition Regulations, Part 392024: The FAR - Federal Acquisition Regulations, Part 39
2024: The FAR - Federal Acquisition Regulations, Part 39
JSchaus & Associates
 
State crafting: Changes and challenges for managing the public finances
State crafting: Changes and challenges for managing the public financesState crafting: Changes and challenges for managing the public finances
State crafting: Changes and challenges for managing the public finances
ResolutionFoundation
 
Transit-Oriented Development Study Working Group Meeting
Transit-Oriented Development Study Working Group MeetingTransit-Oriented Development Study Working Group Meeting
Transit-Oriented Development Study Working Group Meeting
Cuyahoga County Planning Commission
 
Practical guide for the celebration of World Environment Day on june 5th.
Practical guide for the  celebration of World Environment Day on  june 5th.Practical guide for the  celebration of World Environment Day on  june 5th.
Practical guide for the celebration of World Environment Day on june 5th.
Christina Parmionova
 

Recently uploaded (20)

Researching the client.pptxsxssssssssssssssssssssss
Researching the client.pptxsxssssssssssssssssssssssResearching the client.pptxsxssssssssssssssssssssss
Researching the client.pptxsxssssssssssssssssssssss
 
Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...
Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...
Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...
 
PPT Item # 7 - 231 Encino Avenue (sign. review)
PPT Item # 7 - 231 Encino Avenue (sign. review)PPT Item # 7 - 231 Encino Avenue (sign. review)
PPT Item # 7 - 231 Encino Avenue (sign. review)
 
RFP for Reno's Community Assistance Center
RFP for Reno's Community Assistance CenterRFP for Reno's Community Assistance Center
RFP for Reno's Community Assistance Center
 
快速办理(Bristol毕业证书)布里斯托大学毕业证Offer一模一样
快速办理(Bristol毕业证书)布里斯托大学毕业证Offer一模一样快速办理(Bristol毕业证书)布里斯托大学毕业证Offer一模一样
快速办理(Bristol毕业证书)布里斯托大学毕业证Offer一模一样
 
CFYT Rolling Ads Dawson City Yukon Canada
CFYT Rolling Ads Dawson City Yukon CanadaCFYT Rolling Ads Dawson City Yukon Canada
CFYT Rolling Ads Dawson City Yukon Canada
 
PPT Item # 4 - 434 College Blvd. (sign. review)
PPT Item # 4 - 434 College Blvd. (sign. review)PPT Item # 4 - 434 College Blvd. (sign. review)
PPT Item # 4 - 434 College Blvd. (sign. review)
 
PPT Item # 5 - 318 Tuxedo Ave. (sign. review)
PPT Item # 5 - 318 Tuxedo Ave. (sign. review)PPT Item # 5 - 318 Tuxedo Ave. (sign. review)
PPT Item # 5 - 318 Tuxedo Ave. (sign. review)
 
PUBLIC FINANCIAL MANAGEMENT SYSTEM (PFMS) and DBT.pptx
PUBLIC FINANCIAL MANAGEMENT SYSTEM (PFMS) and DBT.pptxPUBLIC FINANCIAL MANAGEMENT SYSTEM (PFMS) and DBT.pptx
PUBLIC FINANCIAL MANAGEMENT SYSTEM (PFMS) and DBT.pptx
 
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.Combined Illegal, Unregulated and Unreported (IUU) Vessel List.
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.
 
原版制作(Hope毕业证书)利物浦霍普大学毕业证文凭证书一模一样
原版制作(Hope毕业证书)利物浦霍普大学毕业证文凭证书一模一样原版制作(Hope毕业证书)利物浦霍普大学毕业证文凭证书一模一样
原版制作(Hope毕业证书)利物浦霍普大学毕业证文凭证书一模一样
 
快速办理(UVM毕业证书)佛蒙特大学毕业证学位证一模一样
快速办理(UVM毕业证书)佛蒙特大学毕业证学位证一模一样快速办理(UVM毕业证书)佛蒙特大学毕业证学位证一模一样
快速办理(UVM毕业证书)佛蒙特大学毕业证学位证一模一样
 
Bangladesh studies presentation on Liberation War 1971 Indepence-of-Banglades...
Bangladesh studies presentation on Liberation War 1971 Indepence-of-Banglades...Bangladesh studies presentation on Liberation War 1971 Indepence-of-Banglades...
Bangladesh studies presentation on Liberation War 1971 Indepence-of-Banglades...
 
Item #s 8&9 -- Demolition Code Amendment
Item #s 8&9 -- Demolition Code AmendmentItem #s 8&9 -- Demolition Code Amendment
Item #s 8&9 -- Demolition Code Amendment
 
A proposed request for information on LIHTC
A proposed request for information on LIHTCA proposed request for information on LIHTC
A proposed request for information on LIHTC
 
Invitation Letter for an alumni association
Invitation Letter for an alumni associationInvitation Letter for an alumni association
Invitation Letter for an alumni association
 
2024: The FAR - Federal Acquisition Regulations, Part 39
2024: The FAR - Federal Acquisition Regulations, Part 392024: The FAR - Federal Acquisition Regulations, Part 39
2024: The FAR - Federal Acquisition Regulations, Part 39
 
State crafting: Changes and challenges for managing the public finances
State crafting: Changes and challenges for managing the public financesState crafting: Changes and challenges for managing the public finances
State crafting: Changes and challenges for managing the public finances
 
Transit-Oriented Development Study Working Group Meeting
Transit-Oriented Development Study Working Group MeetingTransit-Oriented Development Study Working Group Meeting
Transit-Oriented Development Study Working Group Meeting
 
Practical guide for the celebration of World Environment Day on june 5th.
Practical guide for the  celebration of World Environment Day on  june 5th.Practical guide for the  celebration of World Environment Day on  june 5th.
Practical guide for the celebration of World Environment Day on june 5th.
 

PUBLIC BORROWING AND PUBLIC DEBTS

  • 1. PUBLIC BORROWING AND PUBLIC DEBT/THEORIES OF PUBLIC BORROWING PA10 – PUBLIC FISCAL ADMINSTRATION 3RD YEAR- BPA A31 TAGUIG CITY UNIVERSITY LEADER: RICARDO PERRAS ROMEILYN APLACADOR REX RAMOS RENESSA CASCANO HAROLD DHAN MIRABALLES
  • 2. What is public borrowing? Public borrowing involves transfer of purchasing power from individual to government and a subsequent retransfer of the same to the individuals from the government. Thus, public debt, in one sense, has the 'revenue effect', and, in another sense, has the 'expenditure effect'.
  • 3. How does government borrow money from public? Government borrows through issue of government securities called G-secs and Treasury Bills. ... It is essentially the total amount of money that the central government borrows to fund its spending on public services and benefits
  • 4.
  • 5. Internal and External Debt: Public loans floated within the country are called internal debt. Public borrowings from other countries are referred as external debt. External debt represents a claim of foreigners against the real income of the country, when it borrows from other countries and has to repay at the time of maturity. External public debt permits import of real resources. It enables the country to consume more than it produces.
  • 6.
  • 7.
  • 8. Public debt allows governments to raise funds to grow their economy or pay for services. Politicians prefer to raise public debt rather than raise taxes. When public debt reaches 77% of GDP or higher, the debt begins to slow growth. What are the advantages of public debt?
  • 9. The main types of personal debt are secured debt, unsecured debt, revolving debt, and mortgages. Secured debt requires some form of collateral, while unsecured debt is solely based on an individual's creditworthiness. A credit card is an example of unsecured revolving debt and a home equity line of credit is a secured revolving debt. Mortgages are home loans that typically have 15- or 30-year terms, with the real estate serving as collateral.