Debt Sustainability

Mirela Anca Postole
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Mirela Anca Postole: Titu Maiorescu University

Journal of Knowledge Management, Economics and Information Technology, 2013, vol. 3, issue 6, 25

Abstract: In the conducted research the author started form the reality according to which debt sustainability, in general terms, refers to the capacity of a state to consistently pay off its debts, internal and external, contracted as subjects of both public and private law, without impacting the growth and economic development perspectives. The main risks involved in the management of sovereign debt are analysed. The author also approaches aspects regarding the main sustainability indicators for debt, as these are the most frequently used coefficients for debt management. The results of the research point out a significant conceptual problem referring to the distinction between the reimbursement problems of the debt generated by the dramatic decrease of liquidities and those determined by insolvability. The Journal: Journal of Knowledge Management, Economics and Information Technology

JEL-codes: H61 H62 H63 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spp:jkmeit:spi13-25

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