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Comparison of Debt Structure of Two Small Open Economies
Autoři | |
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Rok publikování | 2016 |
Druh | Článek ve sborníku |
Konference | Hradec Economic Days 2016 |
Fakulta / Pracoviště MU | |
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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