Debt Check

In the EcoAustria debt check (generational account model – “generational accounting”), all income and expenses of a state are projected into the future, the primary balances of the state budget are formed and discounted. This results in an implicit national debt, which, together with the officially reported sovereign debt ratio, results in the effective national debt. In addition to calculating the implicit and effective (total) debt of the state, the model allows the effects of different reform measures (e.g. in the areas of health, care or pensions) on the sustainability of public finances.