IDEAS home Printed from https://ideas.repec.org/a/eff/ekoeco/v11y2004i2p161-190.html
   My bibliography  Save this article

Razvoj tržišta i instrumenata javnog duga u Hrvatskoj

Author

Listed:
  • Vladimir Cvijanovic

    (Ekonomski institut, Zagreb)

  • Pierre Matek

    (ZB invest, Zagre)

Abstract

Primarno i sekundarno tržište domacega javnog duga Republike Hrvatske te korišteni instrumenti duga pokazuju se nedovoljno razvijenima. Njihov razvoj imao bi pozitivne ucinke kako na državne financije, tako i na ukupan razvoj tržišta kapitala, odnosno gospodarstva u cjelini. U radu su dane neke smjernice za aktivne državne mjere i na primarnom i na sekundarnom trištu javnog duga, kao i u vezi s odlukama o izboru instrumenata javnog duga. Rezultati ankete prezentirane u radu indiciraju najvanije probleme cije bi rješavanje za domace tržište javnog duga Republike Hrvatske trebalo znaciti znatan napredak

Suggested Citation

  • Vladimir Cvijanovic & Pierre Matek, 2004. "Razvoj tržišta i instrumenata javnog duga u Hrvatskoj," Ekonomija Economics, Rifin d.o.o., vol. 11(2), pages 161-190.
    • Handle: RePEc:eff:ekoeco:v:11:y:2004:i:2:p:161-190
    as

    Download full text from publisher

    File URL: http://www.rifin.com/images/stories/starestranice/casopis_pdf/ek_ec_446.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dubravko Mihaljek & Michela Scatigna & Agustin Villar, 2002. "Recent trends in bond markets - The development of bond markets in emerging economies," BIS Papers chapters, in: Bank for International Settlements (ed.), The development of bond markets in emerging economies, volume 11, pages 13-41, Bank for International Settlements.
    2. Philip Turner, 2002. "Bond markets in emerging economies: an overview of policy issues," BIS Papers chapters, in: Bank for International Settlements (ed.), The development of bond markets in emerging economies, volume 11, pages 1-12, Bank for International Settlements.
    3. Bank for International Settlements, 2002. "The development of bond markets in emerging economies," BIS Papers, Bank for International Settlements, number 11.
    4. M S Mohanty, 2002. "Improving liquidity in government bond markets: what can be done?," BIS Papers chapters, in: Bank for International Settlements (ed.), The development of bond markets in emerging economies, volume 11, pages 49-80, Bank for International Settlements.
    5. Jerzy Stopyra & Anna Trzecińska & Agnieszka Grat, 2002. "Debt market development: challenges for the central bank in Poland," BIS Papers chapters, in: Bank for International Settlements (ed.), The development of bond markets in emerging economies, volume 11, pages 175-177, Bank for International Settlements.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Meng-Wai Lee & Kim-Leng Goh & Michael Meow-Chung Yap, 2019. "The Malaysian Domestic Bond Market: Growing into its Rightful Role," Capital Markets Review, Malaysian Finance Association, vol. 27(1), pages 34-52.
    2. Mr. Luc Laeven, 2014. "The Development of Local Capital Markets: Rationale and Challenges," IMF Working Papers 2014/234, International Monetary Fund.
    3. International Monetary Fund, 2003. "Managing Risks in Financial Market Development: The Role of Sequencing," IMF Working Papers 2003/116, International Monetary Fund.
    4. Diego Alejandro Martínez Cruz & José Fernando Moreno Gutiérrez & Juan Sebastián Rojas Moreno, 2015. "Evolución de la relación entre bonos locales y externos del gobierno colombiano frente a choques de riesgo," Borradores de Economia 919, Banco de la Republica de Colombia.
    5. Stijn Claessens & Daniela Klingebiel & Sergio L. Schmukler, 2007. "Government Bonds in Domestic and Foreign Currency: the Role of Institutional and Macroeconomic Factors," Review of International Economics, Wiley Blackwell, vol. 15(2), pages 370-413, May.
    6. Claessens, Stijn & Schmukler, Sergio & Klingebiel, Daniela, 2003. "Government Bonds in Domestic and Foreign Currency: The Role of Macroeconomic and Institutional Factors," CEPR Discussion Papers 3789, C.E.P.R. Discussion Papers.
    7. Obert Nyawata, 2013. "Treasury Bills And/Or Central Bank Bills For Absorbing Surplus Liquidity: The Main Considerations," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 4(02), pages 1-32.
    8. Victor Curtis Lartey & Yao Li & Hannah Darkoa Lartey & Eric Kofi Boadi, 2019. "Zero-Coupon, Forward, and Par Yield Curves for the Nigerian Bond Market," SAGE Open, , vol. 9(4), pages 21582440198, October.
    9. Jamel Boukhatem, 2021. "What drives local currency bond market development in Saudi Arabia: do macroeconomic and institutional factors matter?," Future Business Journal, Springer, vol. 7(1), pages 1-18, December.
    10. Jose Sidaoui, 2008. "The impact of international financial integration on Mexican financial markets," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial globalisation and emerging market capital flows, volume 44, pages 341-361, Bank for International Settlements.
    11. Martin Melecky, 2012. "Choosing The Currency Structure Of Foreign‐Currency Debt: A Review Of Policy Approaches," Journal of International Development, John Wiley & Sons, Ltd., vol. 24(2), pages 133-151, March.
    12. Laura Jaramillo & Miss Anke Weber, 2013. "Global Spillovers into Domestic Bond Markets in Emerging Market Economies," IMF Working Papers 2013/264, International Monetary Fund.
    13. M. S. Mohanty & Marc Klau, 2005. "Monetary Policy Rules in Emerging Market Economies: Issues and Evidence," Springer Books, in: Rolf J. Langhammer & Lúcio Vinhas Souza (ed.), Monetary Policy and Macroeconomic Stabilization in Latin America, pages 205-245, Springer.
    14. John D. Burger & Francis E. Warnock, 2006. "Local Currency Bond Markets," IMF Staff Papers, Palgrave Macmillan, vol. 53(si), pages 1-7.
    15. F. Gulcin Ozkan & Ahmet Kipici & Mustafa Ismihan, 2010. "The Banking Sector, Government Bonds, and Financial Intermediation: The Case of Emerging Market Countries," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 46(4), pages 55-70, January.
    16. Melecky, Martin, 2008. "An alternative framework for foreign exchange risk management of sovereign debt," Policy Research Working Paper Series 4458, The World Bank.
    17. Thumrongvit, Patara & Kim, Yoonbai & Pyun, Chong Soo, 2013. "Linking the missing market: The effect of bond markets on economic growth," International Review of Economics & Finance, Elsevier, vol. 27(C), pages 529-541.
    18. Thammarak Moenjak & Kengjai Watjanapukka & Oramone Chantapant & Teeravit Pobsukhirun, 2010. "New Globalization: Risks and Opportunities for Thailand in the Next Decade," Working Papers 2010-04, Monetary Policy Group, Bank of Thailand.
    19. Mr. Pipat Luengnaruemitchai & Ms. Li L Ong, 2005. "An Anatomy of Corporate Bond Markets: Growing Pains and Knowledge Gains," IMF Working Papers 2005/152, International Monetary Fund.
    20. Miyajima, Ken & Mohanty, M.S. & Chan, Tracy, 2015. "Emerging market local currency bonds: Diversification and stability," Emerging Markets Review, Elsevier, vol. 22(C), pages 126-139.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eff:ekoeco:v:11:y:2004:i:2:p:161-190. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Neven Vidakovic (email available below). General contact details of provider: http://www.rifin.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.