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DEVELOPMENT OF DEBT PROBLEMS IN THE WORLD IN THE PANDEMIC COVID-19

РАЗВИТИЕ ДОЛГОВЫХ ПРОБЛЕМ В СТРАНАХ МИРА В УСЛОВИЯХ ПАНДЕМИИ COVID-19

Podolskaya Tatiana (Подольская Т.В.), Shkel Fedor (Шкель Ф.Е.) and Vasyuta Evgenia (Васюта Е.А.)
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Podolskaya Tatiana (Подольская Т.В.): South-Russia Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration
Shkel Fedor (Шкель Ф.Е.): South-Russia Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration
Vasyuta Evgenia (Васюта Е.А.): South-Russia Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration

State and Municipal Management Scholar Notes, 2021, vol. 1, 170-175

Abstract: Governments are confronted with the challenge of managing external borrowing effectively in the face of the state debt burden’s increase. Traditionally, in situations of crisis, debt problems are aggravated to a large extent. The article presents an analysis of measures to ensure the sustainability of the debt situation in the state. The article focuses on the risks created in the debt sphere under the influence of negative processes observed in the economies during the COVID-19 pandemic.

Keywords: external debt; the COVID-19 pandemic; default; public debt management; International Monetary Fund; official and private creditors; real economy; fiscal policy; borrowing (search for similar items in EconPapers)
Date: 2021
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