What Is the Difference Between Gross and Net Government Debt?

What Is the Difference Between Gross and Net Government Debt? Gross government debt represents the total outstanding financial liabilities of government including all bonds, loans, and other debt instruments owed to both external and domestic creditors, while net...

How Should Implicit Government Guarantees Be Measured?

How Should Implicit Government Guarantees Be Measured? Implicit government guarantees should be measured by estimating the expected fiscal cost that governments are likely to bear if they are forced—by economic necessity, political pressure, or systemic risk—to...

How Is Government Size Measured and What Is Its Economic Impact?

How Is Government Size Measured and What Is Its Economic Impact? Government size is primarily measured through four key metrics: government spending as a percentage of Gross Domestic Product (GDP), the tax-to-GDP ratio, the number of government employees relative to...