Implementation of Multi-Objective Evaluation Method in Public Debt Risk Management Cover Image

Implementation of Multi-Objective Evaluation Method in Public Debt Risk Management
Implementation of Multi-Objective Evaluation Method in Public Debt Risk Management

Author(s): Sergej Rosov, Jelena Stankevičienė
Subject(s): Economy
Published by: Uniwersytet Ekonomiczny w Krakowie
Keywords: public debt; risk; MULTIMOORA; MOORA; structural indicators; European Union

Summary/Abstract: The paper is devoted to propose a public debt risk assessment model, which allows predicting country's economic well-being trends. The proposed model evaluates different aspects of public debt-related structural indicators. Evaluation of research results enables to use multi-objective evaluation method to determine the risk of public debt. The data analysis indicates EU's ability to cope with the increasing level of public debt and predict long term fiscal consequences.

  • Issue Year: 1/2013
  • Issue No: 4
  • Page Range: 7-20
  • Page Count: 13
  • Language: English