Public debt management

• Authors: Stevan Gaber , Ilija Gruevski , Vasilka Gaber
• Languages of publication: EN

Abstracts

EN

The paper generally describes the segment of public debt management or especially the structure of public debt. It focuses on different kinds of risks which present potential danger for the public debt explosion. It intends to explain the government goal for borrowing money at lowest rate and sustain the fiscal stability. Also, it explains some practical issues regarding this topic for Republic of Macedonia for the period from 2009-2011. In the process of research were implemented several qualitative methods.

Keywords

EN

Fiscal policy; public debt; risk; public debt management

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Prague Development Center, Czech Republic
• Journal: Perspectives of Innovations, Economics and Business
• Year: 2013
• Volume: 13
• Issue: 2
• Pages: 12-18

Dates

published

2013-07-16

Contributors

author

Stevan Gaber

• Faculty of Economics, “Goce Delcev” University, Republic of Macedonia

author

Ilija Gruevski

author

Vasilka Gaber

References

• Alesina A., M. de Broeck, Prati, A., Tabellini, G., 1992. “Default risk on government debt in OECD countries,” in Economic Policy: A European Forum, pp.427-63
• Chairman Alan Greenspan speech before World Bank Group and the International Monetary Fund, Program of Seminars, Washington, D.C., September 27, 1999
• Financial Stability Forum, 2000. Report of the working group on capital flows, April 5, pp.2
• Ministry of Finance, 2010. Macedonian strategy for public debt 2009-2011
• Ministry of Finance, 2010. Yearly report for the implementation of strategy for public debt management in Macedonia
• Official Gazette of Macedonia, 2005. Law for public debt, Vol.62
• Official Gazette of Macedonia, 2008. Law for public debt, Vol.88

Identifiers

DOI

http://dx.doi.org/10.15208/pieb.2013.07