The self-reinforcing effect of public debt accumulation or decumulation arising from a positive or negative differential between the interest rate paid on public debt and the growth rate of the national economy.
Učinek povečevanja ali zmanjševanja javnega dolga, ki se krepi sam in ki izhaja iz pozitivne ali negativne razlike med obrestno mero, plačano na javni dolg, in stopnjo rasti nacionalnega gospodarstva.