Problem bankructwa państwa
The Problem of State Bankruptcy
Author(s): Alicja Kasperowicz-StępieńSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
Keywords: debt; deficit budget; bankruptcy of the state; public sector
Summary/Abstract: Financial problems in many European countries have increasingly brough the issue of state bankruptcy to the fore. The rapid increase in a country’s debt to GDP ratio can cause difficulties in the use of debt and thus reduce the country’s creditworthiness. This paper presents the problem of state bankruptcy and debt restructuring methods used in the global economy.
Journal: Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie
- Issue Year: 919/2013
- Issue No: 19
- Page Range: 65-77
- Page Count: 13
- Language: Polish