(Wydawnictwo Uniwersytetu Rzeszowskiego, 2018) Górniewicz, Grzegorz
The aim of the article is to confirm a well-known thesis presented by Carmen Reinhard and Kenneth Rogoff, stating as follows: after it has exceeded the level of 90% of GDP, general government debt negatively affects the rate of economic growth. The analysis refers to 28 countries of the European Union. The applied research methodology includes: comparative descriptive analysis, statistical data analysis and the Author’s own calculations.