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Tytuł: Budget Deficit and Public Debt in the Baltic States in 2010-2015
Autorzy: Pilżys, Stanisław
Aliukonis, Robert
Słowa kluczowe: Public debt
budget deficit
public deficit
Data wydania: 2018
Data dodania: 26-wrz-2018
Wydawca: Temida 2
Źródło: Optimization of Organization and Legal Solutions concerning Public Revenues and Expenditures in Public Interest (Conference Proceedings), ed. Ewa Lotko, Urszula K. Zawadzka-Pąk, Michal Radvan, Bialystok-Vilnius 2018, s. 343-357
Konferencja: XVI International Scientific Conference "The Optimization of Organization and Legal Solutions concerning Public Revenues and Expenditures in Social Interest", Vilnius 21-22 September 2017
Abstrakt: The economic crisis of 2009 sparked a sharp increase in deficits and public debt among most EU countries. While states with different capacities and fiscal policies intervened to alleviate the effects of the crisis, results varied. This article focuses on macroeconomic developments, including public deficit and debt in the Baltic States: namely, Lithuania, Latvia, and Estonia. The main purpose of this analysis is to examine the level of deficit and public debt between 2010 and 2015. We also seek to examine the relationship between deficit and public debt levels and GDP growth rate. We rely on statistical and comparative analyses. We compare domestic deficit and debt figures to the average among EU member states. Our statistical analysis reveals no high correlation between the growth of GDP and reduction of the budget deficit in the three countries. This largely depends on the public finance policy pursued by the government.
Afiliacja: Stanisław Pilżys - University of Bialystok
Robert Aliukonis - University of Bialystok
Nota biograficzna: Stanisław Pilżys - Research-and-teaching assistant at the Department of Economics, Faculty of Economics and Informatics in Vilnius, University of Bialystok, Lithuania-Poland. The Author specializes in macroeconomics, energy economics, and energy finance. He is the author of 11 reviewed articles in economic journals and books.
Robert Aliukonis - Research-and-teaching assistant at the Department of Economics, Faculty of Economics and Informatics in Vilnius, University of Bialystok, Lithuania-Poland. The Author specializes in marketing. He is the author of 5 reviewed articles in economic journals and books.
E-mail: Stanisław Pilżys: s.pilzys@uwb.edu.pl
Robert Aliukonis: r.aliukonis@uwb.edu.pl
URI: http://hdl.handle.net/11320/6945
DOI: 10.15290/oolscprepi.2018.25
ISBN: 978–83–65696–08–3
Typ Dokumentu: Book chapter
Występuje w kolekcji(ach):Książki / Rozdziały (Temida2)
Materiały konferencyjne (WEI)
XVI International Scientific Conference "The Optimization of Organization and Legal Solutions concerning Public Revenues and Expenditures in Social Interest" 21-22 September 2017

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