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US federal debt at the beginning of Trump’s presidency: the role of foreign ownership
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US federal debt at the beginning of Trump’s presidency: the role of foreign ownership
Annotation
PII
S207054760005713-1-
DOI
10.18254/S207054760005713-1
Publication type
Article
Status
Published
Authors
Pavel Aksenov 
Affiliation: Institute for the U.S. and Canadian Studies, RAS
Address: Russian Federation, Moscow
Edition
Issue 2
Abstract

The article examines the federal debt at the beginning of Тtump’s presidency, analyzes factors of its increasing. Though its volume as a share of GDP is much less than in many countries, it has reached nearly 20 trln. doll. It is pointed out the role of China, Japan, other foreign sources of financing the federal debt; new challenges and risks.

Keywords
US debt, federal budget, China, Japan
Received
02.07.2019
Date of publication
20.09.2019
Number of purchasers
4
Views
1862
Readers community rating
0.0 (0 votes)
Previous versions
S207054760005713-1-1 Дата внесения правок в статью - 02.07.2019
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References

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13. Foreign Holding of U.S. Treasury Securities. U.S. Treasury, June 15, 2017.

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16. The Heritage Foundation, Testimony before the U.S.-China Economic and Security Review Commission on China's Role in the Origins of and Responses to the Global Recession, by Derek Scissors, Ph.D., March 3, 2009.

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18. Morrison W., Labonte M. (2011). China’s Holdings of U.S. Securities: Implications for the U.S. Economy. Congressional Research Service. W., 2012.

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