TITLE

RYNKOWE WSKAŹNIKI OCENY STANU FINANSÓW PUBLICZNYCH NA PRZYKŁADZIE WYBRANYCH KRAJÓW STREFY EURO

AUTHOR(S)
Janeta, Agnieszka
PUB. DATE
December 2012
SOURCE
Research Papers of the Wroclaw University of Economics / Prace N;2012 Part 1, Issue 271, p226
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Excessive public debt is now the biggest problem the most euro zone countries have to contend with. As a result of the lack of fiscal discipline and permanent omissions in reforming public finances, public debt across the euro zone is already over 85% of GDP. Due to the fact that the Stability and Growth Pact as an instrument of a formal nature has not limited the scale of debt crisis, market instruments began to play a greater role in disciplining national fiscal policies. The article presents market indicators assessing the state of public finances as well as their formation in selected euro zone countries before and after the outbreak of the financial crisis.
ACCESSION #
89906831

 

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