Internal Deficit

What is Internal Deficit?


1.

the gap between revenues and expenditures for a government (over a given period of time); often referred to as a public deficitor fiscal deficit. In many cases, a country has administrative subdivisions that also run significant fiscal deficits, e.g., India or Argentina. The sum of state, local, and federal deficits would constitute the internal deficit of those countries.

On very rare occasions the term is applied to the deficit run by private enterprise as well as by government; in such a case, the definition is understood to mean the total debt of a country that is held by its own citizens.

Some of the largest internal deficits in the world are experienced by countries with large external surpluses. Japan in the mid-'00's was a classic example.

(See external deficit)

See public deficit, fiscal deficit, nipa


76

Random Words:

1. Meat defined as "clean" by Yahweh in the Bible (Deuteronomy 14:3-21). Peter's visiondoes NOT deny kosher meats, rather ..
1. Da way you hold yo' glock If you a true ghetto ass g, ya gotz tah hold yo glock sidewayz. 2. the way you ride a board..
1. A University in Greensboro, North Carolina that is known for its art, music, and education programs. As a result, the majority of the st..