Report
Patrick Artus

How have some euro-zone countries (Germany, Netherlands, Austria, Finland) managed to limit their public debt?

Some euro-zone countries (Germany, the Netherlands, Austria, Finland) have maintained a much lower public debt ratio (between 50% and 70% of GDP) than the other euro-zone countries. How have they managed to limit their public debt? Possible explanations are: Higher growth; A high employment rate; A high-quality education system, enabling a high employment rate to be achieved, without the burden of public spending on education being particularly high; A high youth employment rate and a high retirement age; Efficient public administration. The relevant explanations are: A high employment rate, in countries with a low level of public debt, due to a high-quality education system and a highly skilled workforce; A high employment rate among those aged 20 to 24 and 60 to 64 in countries with a low public debt ratio; Efficient public administration.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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