Comparison of Debt Structure of Two Small Open Economies

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BAĎO Peter

Rok publikování 2016
Druh Článek ve sborníku
Konference Hradec Economic Days 2016
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Citace
www Conference Proceedings
Obor Ekonomie
Klíčová slova government debt; balanced budget; economic growth; GDP
Popis This paper focuses at the current government debt problem, which affects many different countries. The emphasis is put on the structure of government debt and how the debt was created. There are various ways of how the debt can increase, from increasing government size to debt cause by time of war or even in times of peace by poor implementation of government policies. For purpose of this paper I have analyzed and compared annual data of two small open economies, Czech Republic and Slovakia, from 1995 to 2014.
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