Abstract:
An integral part of the functioning of the modern market economy in the world economy is the existence of public debt. The article discusses and analyzes the views on the nature of public debt by foreign and domestic scientists, economists, schools and economic theories. Also found relationship looks foreign and Ukrainian economists on the nature of the public debt. The author studied the historical evolution of views on the importance of public debt, there was highlighted the positive and negative consequences of its impact on the economic development of the state.