Interaction of monetary and fiscal policy from a historical perspective: Precious metals and Venetian government debt [PDF]
Was monetary policy crucial for early sovereign debt sustainability? This paper analyses whether the availability of gold and silver drove Venetian government debt servicing costs in the late medieval period.
Božović Miloš
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Assessment of the State of Ukraine’s National Debt and Directions of its Optimization [PDF]
The article aims at studying the current state of Ukraine's national debt and developing directions for its optimization. It is established that the currency component in the structure of Ukraine's national debt is slightly lower than the threshold level
Stoiko Oleh Yа. , Shubenko Inna A.
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Impact of public debt profile on economic growth: Evidence from Nigeria [PDF]
An excessive increase in public debt characterizes the contemporary development of the global economic and financial system. The paper aims to examine the short- and long-run impact of state debt on economic growth in Nigeria.
John O. Aiyedogbon +4 more
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Public and publicly guaranteed external debt, debt servicing and investment in emerging economies [PDF]
The global financial crisis of 2007 gave a major boost to the debt-investment nexus debate given the astronomical growth in external debt and its associated debt servicing burdens, which constrain the fiscal space of many developed and emerging ...
Omosuyi Oluseyi
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The Effect of Foreign Debt on the Economic Growth of Nigeria
This study examines the effect of foreign debt on the economic growth of Nigeria. Data for the study are collected from the World Bank and Central Bank of Nigeria Statistical Bulletin.
Cordelia Onyinyechi OMODERO +1 more
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Nominal Debt as a Burden on Monetary Policy [PDF]
We characterize the optimal sequential choice of monetary policy in economies with either nominal or indexed debt. In a model where nominal debt is the only source of time inconsistency, the Markov-perfect equilibrium policy implies the progressive ...
Marimon, Ramón +9 more
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Revisiting the debt-growth nexus: Evidence from India [PDF]
The main purpose of this study is to examine the debt-growth nexus in India over the period 1984-2019 using Bayer-Hanck and Autoregressive Distributed Lag (ARDL) cointegration techniques.
Saini Pratibha, Muniyoor Krishna
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Does Debt Servicing Crowd-Out Federal Government Expenditures in Nigeria? [PDF]
In the past few decades, trillions of Naira have been spent by Federal Government of Nigeria to services its domestic and foreign debts. In this regard, this study tested crowding out hypothesis among federal capital, non-debt servicing recurrent and ...
Gambo, Suleman Lawal +2 more
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Debt Burden on the State Budget: Long-Term Trends and Expenditure Structure Asymmetries [PDF]
The aim of the article is to analyze the long-term debt policy of Ukraine and determine its impact on the structural shifts in the state budget expenditures for public debt servicing.
Boiko Svitlana V. +2 more
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PUBLIC DEBT IN REPUBLIC OF SRPSKA [PDF]
The global crisis has led to the requestioning of the justification of economic growth based on borrowing. The issue of public spending and public debt has become particularly important for small and opened economies that are not sufficiently ...
Ljiljana Jović +3 more
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