Using mathematical approaches to optimally manage public debt
(PHYSorg.com Mathematics)

While most countries around the world rely on debt to finance their government and economy, keeping this debt under control is a financial imperative. Large government debt negatively impacts long-term economic growth. Increase in a nation`s debt results in lower private investment, which leads to diminishing growth and wages in the long term. A high amount of debt can be detrimental even in the absence of a financial crisis.