Open AccessPublic Debt under Financial Crisis in the New EU Member States
Author(s) -
Tomasz Uryszek
Publication year - 2014
Publication title -
przedsiębiorczość i zarządzanie
Language(s) - English
Resource type - Journals
eISSN - 2543-8190
pISSN - 1733-2486
DOI - 10.2478/eam-2014-0012
Subject(s) - debt , internal debt , member states , debt levels and flows , debt to gdp ratio , external debt , currency , international economics , financial system , business , debt ratio , debt crisis , economic policy , financial crisis , economics , monetary economics , european union , finance , macroeconomics
With the growing imbalance of public sectors in the EU Member States, the public debt in the countries increased too. Public debt management institutions face the task of choosing the optimal debt structure in order to minimize the negative effects for the economy. This article sets out to determine changes in the public debt structure in the EU Member States during economic crisis. It consists of four sections. Section one deals with public debt management under crisis conditions. In the next sections, the term, currency and lender structure of public debt in the new Member States are analysed and discussed. The last section presents major conclusions from the research.