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Autor
Mentzen Sławomir (Uniwersytet Mikołaja Kopernika w Toruniu)
Tytuł
Koszty długu publicznego i bankructwa państwa
The Costs of Sovereign Debt and Default
Źródło
Acta Universitatis Nicolai Copernici. Ekonomia, 2012, t. 43, nr 1, s. 77-89, tab., bibliogr. 40 poz.
Słowa kluczowe
Dług publiczny, Bankructwo, Niewypłacalność, Deficyt budżetowy
Public debt, Bankruptcy, Insolvency, Budget deficit
Uwagi
streszcz., summ.
Abstrakt
W pracy zestawiono wyniki badań empirycznych dotyczących wpływu wysokości długu publicznego, deficytu budżetowego i bankructwa państwa na gospodarkę. Otrzymane rezultaty wskazują, że nadmierne zadłużenie jest bardzo szkodliwe dla rozwoju gospodarczego, w przeciwieństwie do ogłoszenia bankructwa, które na ogół uzdrawia gospodarkę i jest początkiem wyjścia z kryzysu. (abstrakt oryginalny)

This paper summarizes the results of empirical studies on the effects of sovereign debt, deficit and default on the economy. The obtained results shows that excessive debt and deficit are very harmful for economic growth, as opposed to default, which tend to heal the economy and usually is the end of crisis. (original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
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Bibliografia
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  32. Misztal P. (2011b), Oddziaływanie długu publicznego na zmiany długoterminowych stóp procentowych w krajach członkowskich strefy euro w okresie 2003-2010, "Oeconomia Copernicana", nr 3.
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  34. Reinhart C., Rogoff K. (2010), Growth in a Time of Debt, "American Economic Review Papers and Proceedings".
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  36. Rose A. (2005), One Reason Countries Pay Their Debts: Renegotiation and International Trade, "Journal of Development Economics", 77 (1), 189-206.
  37. Sturzenegger, F., Zettelmeyer J. (2006), Debt Defaults and Lessons from a Decade of Crises Cambridge, Massachusetts: MIT Press.
  38. Taylor J. (1993), Macroeconomic Policy in a World Economy, New York: W. W. Norton & Company.
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Cytowane przez
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ISSN
2080-0339
Język
pol
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