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Purpose — This paper examines the relationship between South Africa’s rising public debt and real exchange rate (RER) volatility. Over the past two decades, the country has experienced an alarming increase in externa...

The aim of this paper is to quantify the long run and short run relationship between debt and economic activity in Central, Eastern and Southeastern European countries. In order to investigate the impact of public debt o...

The paper empirically examines and assess the relationship between public debt and economic growth in the European transition countries from 1995 to 2017 (both years inclusive). The study attempts to identify and deter...

The theory of redistribution, which argues that individuals from higher-income groups are the primary holders of public debt, serves as the theoretical foundation for our research. The impact of redistribution based on t...

Subjects / keywords: BUCHANAN, JAMES M; RICHARD D. IRWIN; 336.34 B924p

Facing a complex economic, financial and social crisis, maybe the worst crisis in the history of the European Union, putting into question its greatest achievement – the single currency – European Union is also facin...

The purpose of this article is to study the peculiarities of the functioning of Ukraine's public finance system under martial law, identify key challenges associated with high levels of economic and social uncertainty, a...

This study aims to assess Ukraine's debt sustainability and develop proposals for improving the organisational and methodological basis for such an assessment. Ukraine's debt sustainability is assessed as currently lacki...

The article underscores the relevance of studies devoted to problems of debt policy in Ukraine from its optimization perspective. The need to reform the domestic debt policy on the basis of advanced methodological approa...

Тaking into account the specific features of the Macedonian economy, as a small, open economy with a fixed exchange rate, the goal of this research is to contribute to the discussion of whether countries with ...

This article examines how fiscal constraints influence the development of contemporary industrial policy, with a focus on European initiatives to encourage green growth and sustainability. Due to high debt levels and the...

From Ricardo and Smith the deficits were seen as the one of „the most terrible scourges which was ever invented to afflict a nation” as a system which tends to make us less thrifty, to blind us to our real situation....

La relación del Estado argentino con el FMI durante la presidencia de Kirchner configuró uno de los tópicos que contribuyó a definir la escena política del período y que se convirtió también en un factor relevant...

Between the end of the 14th century and the beginning of the 15th century, the Republic of Florence was almost constantly engaged in war. As a result, public debt in a short time increased from 1 million to 3 million flo...

The global economic crisis has not spared the countries of the Western Balkans. The ensuing recession, characterized by a decline in economic activity, a decline in consumption and an increase in unemployment, went hand ...

The aim of this paper is to quantify the effects of changes in functional income distribution on selected macroeconomic variables in Croatia in period from 2000-2012. We use structural VAR approach with identification sc...