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

• Authors: Nadežda Semjonova
• Languages of publication: EN

Abstracts

EN

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

EN

Financial security; government debt; sovereign rating

• Publisher: Sciendo
• Journal: Economics and Business
• Year: 2016
• Volume: 29
• Issue: 1
• Pages: 90-95

Dates

published

2016-08-01

online

2016-09-10

Contributors

author

Nadežda Semjonova

• Riga Technical University

Identifiers

DOI

10.1515/eb-2016-0026