PARTICULARITÉS DE L’ENDETTEMENT PUBLIC DANS LES PAYS DÉVELOPPÉS
The aim of this paper is to offer a possible answer to the question why developed countries have rarely encounted problems concerning their sovereign debt. With this end in view, it analyzes the particularities of public indebtness in industrialized countries (especially the OECD member states)...
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Format: | Article |
Language: | English |
Published: |
Academica Brâncuşi
2009-12-01
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Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
Subjects: | |
Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2009-03/36_IRINA_BILAN.pdf |
Summary: | The aim of this paper is to offer a possible
answer to the question why developed countries have
rarely encounted problems concerning their sovereign
debt. With this end in view, it analyzes the
particularities of public indebtness in industrialized
countries (especially the OECD member states) by
comparizon with developing countries, in the period
after 1990. These particularities concern both the level
(dynamic) of public debt and its structure, capable to
offer protection to governments against some risks
such as the interest rate risk, foreing exchange risk or
refinancing risk |
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ISSN: | 1844-7007 1844-7007 |