Public Debt Structure and Dynamics in the Czech Republic, Hungary, Poland and Romania

Joanna Siwinska-Gorzelak

No 162, CASE Network Studies and Analyses from CASE-Center for Social and Economic Research

Abstract: This paper attempts to consider in a systematic way the developments of the public debt in the Czech Republic, Hungary, Poland and Romania during the 1990.s. After a brief outline of the public indebtedness of the four countries before 1989, it examines the public debt dynamics after 1990 and tries to capture its main determinants: to what extend the changes in the public debt ratio to GDP were caused by fiscal policy as opposed to other factors, like the difference between the growth rate of the economy and the effective interest rate on debt. The structure of the public debt is shown and main changes are summarised. The paper also tries to assess the implications of the countries. indebtedness to their further fiscal sustainability.

Keywords: Public Debt Structure; Czech Republic; Hungary; Poland; Romania (search for similar items in EconPapers)
Pages: 48 Pages
Date: 1999
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://case-research.eu/upload/publikacja_plik/SA162.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sec:cnstan:0162

Access Statistics for this paper

More papers in CASE Network Studies and Analyses from CASE-Center for Social and Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Marta Kowerko ().