2019
Debt Behaviour of Czech and Slovak Governments: Stock-Flow Adjustment Analysis of Post-Crisis Period
MURÍN, MartinZákladní údaje
Originální název
Debt Behaviour of Czech and Slovak Governments: Stock-Flow Adjustment Analysis of Post-Crisis Period
Název anglicky
Debt Behaviour of Czech and Slovak Governments: Stock-Flow Adjustment Analysis of Post-Crisis Period
Autoři
MURÍN, Martin (703 Slovensko, garant, domácí)
Vydání
Ostrava, Proceedings of the International Scientific Conference ECONOMIC AND SOCIAL POLICY: Economic and Social Challenges for European Economy, od s. 413-428, 16 s. 2019
Nakladatel
Vysoká škola PRIGO
Další údaje
Jazyk
slovenština
Typ výsledku
Stať ve sborníku
Obor
50200 5.2 Economics and Business
Stát vydavatele
Česká republika
Utajení
není předmětem státního či obchodního tajemství
Forma vydání
elektronická verze "online"
Odkazy
Kód RIV
RIV/00216224:14560/19:00112199
Organizační jednotka
Ekonomicko-správní fakulta
ISBN
978-80-87291-25-2
ISSN
Klíčová slova česky
Public Debt; Fiscal Deficit; Stock-Flow Adjustment
Klíčová slova anglicky
Public Debt; Fiscal Deficit; Stock-Flow Adjustment
Příznaky
Mezinárodní význam, Recenzováno
Změněno: 8. 4. 2020 12:27, Mgr. Pavel Sedláček
V originále
The public debt is one of the most monitored macroeconomic indicators. During recent history, it reaches a high ratio to the GDP in advanced countries. Several economists believe that the level of government indebtedness is attacking a threshold which is bearable for the economy. The study aims to describe the development of debt quota in the Czech Republic and Slovakia from 2007 to 2016. Based on the results, the debt quota changes it is shown that while the indebtedness of these two countries is low relative to the OECD, Slovak public finance seems to be in more danger than the Czech. Slovakia has been impotent to create primary surplus even during the period of high economic performance. The main reason why the Slovak debt to GDP was able to decline since 2012 is a good macroeconomic environment creating low-interest rates and high growth of GDP.
Anglicky
The public debt is one of the most monitored macroeconomic indicators. During recent history, it reaches a high ratio to the GDP in advanced countries. Several economists believe that the level of government indebtedness is attacking a threshold which is bearable for the economy. The study aims to describe the development of debt quota in the Czech Republic and Slovakia from 2007 to 2016. Based on the results, the debt quota changes it is shown that while the indebtedness of these two countries is low relative to the OECD, Slovak public finance seems to be in more danger than the Czech. Slovakia has been impotent to create primary surplus even during the period of high economic performance. The main reason why the Slovak debt to GDP was able to decline since 2012 is a good macroeconomic environment creating low-interest rates and high growth of GDP.
Návaznosti
| MUNI/A/1131/2018, interní kód MU |
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