Financial Security in the Baltic States: Comparison with Selected EU Countries

Semjonova Nadežda ()
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Semjonova Nadežda: Riga Technical University Latvia

Economics and Business, 2016, vol. 29, issue 1, 90-95

Abstract: The present paper applies recently developed consolidated indicator of the state financial security to the situation in Baltic States and some EU countries. The indicator summarises a number of economic and financial parameters relevant to the financial independence of the country. The resulting indicator demonstrates a reasonable correlation with sovereign Fitch rating both for Baltic States and the “old” EU countries, but Fitch rating gives more optimistic evaluation for old EU countries.

Keywords: Financial security; government debt; sovereign rating (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecobus:v:29:y:2016:i:1:p:90-95:n:11

DOI: 10.1515/eb-2016-0026

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