The Analysis of 2008 Global Crisis in Terms of the Sustainability of Public Debt Stock and Budget Deficits of PIIGS Countries Panel Data Analysis
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In this chapter, we have focused the impacts of 2008 global crisis on the debt policies and the sustainability of debts in the PIIGS Countries. For that, the circumstances of the global crisis are examined, and the economic condition before the crisis is handled. As a main objective, the public debt indicators of PIIGS Countries are pointed out. The ratios and budget units are evaluated in terms of sustainability of debts. While making these evaluations and examinations our method was panel data analysis which can be found at the end of this chapter. In this method, public debt ratios and the sustainability conditions of the public debts in the PIIGS Countries are used as the determinants of public debts sustainability.
2018 ◽
Vol 23
(1)
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pp. 81-97
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2019 ◽
Vol 43
(1)
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pp. 112-130
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2018 ◽
Vol VI
(Issue 3)
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pp. 98-114
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2016 ◽
Vol 4
(3)
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2015 ◽
Vol 17
(1)
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pp. 217-240
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