Artikel

Public Debt Management – Fundamental Component of Public Policy

The global financial crisis has put considerable pressure on public finances, particularly on government debt. Public debt in many countries of the world have increased in recent years to levels that were not registered by the end of the Second World War, facing today with a high risk regarding fiscal sustainability.Debt portfolio is usually the largest financial portfolio of a state, with a complex structure that can generate high risks that may affect public balance and financial stability of the country. Thus, proper management of public debt must become a priority for both the creditor and debtor countries. This paper aims to highlight the importance of effective management of government debt and to make a brief assessment of Romania's public debt structure and dynamic.

Language
Englisch

Bibliographic citation
Journal: CES Working Papers ; ISSN: 2067-7693 ; Volume: 3 ; Year: 2011 ; Issue: 4 ; Pages: 571-578 ; Iasi: Alexandru Ioan Cuza University of Iasi, Centre for European Studies

Classification
Wirtschaft
International Lending and Debt Problems
Crisis Management
Subject
public debt management
Romania’s public debt structure
financial stability Romania

Event
Geistige Schöpfung
(who)
Pascal, Maria
Event
Veröffentlichung
(who)
Alexandru Ioan Cuza University of Iasi, Centre for European Studies
(where)
Iasi
(when)
2011

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Pascal, Maria
  • Alexandru Ioan Cuza University of Iasi, Centre for European Studies

Time of origin

  • 2011

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