The Dangerous Utopia of the ECB's Cancellation of Public Debts

2020 ◽  
Author(s):  
Eric Pichet
Keyword(s):  
Public Debts

Public Debts and State Succession

1932 ◽  
Vol 80 (4) ◽  
pp. 608 ◽  
Author(s):  
A. N. Sack ◽  
Ernst H. Feilchenfeld
Keyword(s):  
State Succession ◽  
Public Debts

Public debts of Arab countries: selected indicators

2017 ◽  
Vol 10 (2) ◽  
pp. 321-324
Author(s):  
Gabi El-Khoury
Keyword(s):  
Public Debt ◽  
Budget Deficit ◽  
External Debt ◽  
Arab Countries ◽  
Debt Service ◽  
Goods And Services ◽  
The Impact ◽  
Public Debts

This statistical file is concerned with the issue of public debts in Arab countries. It assumes that public debt is a key source to fund the budget deficit in most Arab countries, and the rising public debt, particularly external debt, is increasingly becoming a concern for several countries in the region due to the pressure debt servicing might impose on these countries, which basically suffer an uncomfortable primary balance, in addition to the impact of crises in the region. Table 1 provides indicators on domestic public debts with ratios of debts to GDP, while Table 2 gives figures of external public debts with debt ratios to GDP. Table 3 provides estimates of total public debts with their ratios to GDP, while Tables 4 and 5 show figures of external public debt service, ratios of debt servicing to exports of goods and services and external public debt service ratios to Arab governments’ revenues respectively.

scholarly journals Budgetary Discipline and Internal Devaluation – Estonian Method to Overcome the Crisis

Equilibrium ◽  
2014 ◽  
Vol 9 (2) ◽  
pp. 9-23
Author(s):  
Bernadeta Baran
Keyword(s):  
Exchange Rate ◽  
Fiscal Policy ◽  
Economic Crisis ◽  
Public Spending ◽  
Single Currency ◽  
Positive Economic ◽  
Fixed Exchange Rate ◽  
Maastricht Criteria ◽  
The Stability ◽  
Public Debts

The purpose of this article is to outline the main reasons and effects of the  Estonian adjustments in response to the global financial and economic crisis. Estonia  chose significant budgetary savings, in contrast with most other countries stimulating  their economies by expansionary fiscal policy and leading to fiscal imbalances  and growing public debts. Estonia did not carry out a devaluation of its currency,  but restored competitiveness through internal devaluation. This strategy allowed  Estonia to maintain a fixed exchange rate, fulfill the Maastricht criteria and adopt  the single currency. As a result, Estonia has increased the stability of its economy,  restoring and enhancing confidence among investors. At the same time, the Estonian  strategy confirmed the existence of non-Keynesian effects – the positive economic  results of public spending reduction.  

The Analysis of 2008 Global Crisis in Terms of the Sustainability of Public Debt Stock and Budget Deficits of PIIGS Countries Panel Data Analysis

2015 ◽  
pp. 329-336
Author(s):  
Binhan Elif Yilmaz ◽  
Ferda Yerdelen Tatoglu ◽  
Sinan Ataer
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Public Debt ◽  
Economic Condition ◽  
Panel Data Analysis ◽  
Budget Deficits ◽  
Global Crisis ◽  
The Public ◽  
Sustainability Of Public Debt ◽  
Public Debts

In this chapter, we have focused the impacts of 2008 global crisis on the debt policies and the sustainability of debts in the PIIGS Countries. For that, the circumstances of the global crisis are examined, and the economic condition before the crisis is handled. As a main objective, the public debt indicators of PIIGS Countries are pointed out. The ratios and budget units are evaluated in terms of sustainability of debts. While making these evaluations and examinations our method was panel data analysis which can be found at the end of this chapter. In this method, public debt ratios and the sustainability conditions of the public debts in the PIIGS Countries are used as the determinants of public debts sustainability.

Die Vermögensteuer – Ein Comeback in der Krise?

2013 ◽  
Vol 62 (2) ◽  
Author(s):  
Thomas Gambke
Keyword(s):  
Real Estate ◽  
Property Tax ◽  
Green Party ◽  
Estate Tax ◽  
Inheritance Tax ◽  
Real Estate Tax ◽  
Public Debts

AbstractThis article describes the concept of a property levy („Vermögensabga be“) of the German Green Party in the context of other property related taxes such as real estate tax and inheritance tax. It explains the advantages of a property levy in contrast to a property tax. Moreover, the necessity to reduce public debts and to stop the unabated evolution of unequal property is outlined.

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