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Intézményépítés a túlzott államadósság elleni védekezés érdekében
[Building institutions to guard against excessive state debt]

Author

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  • Török, Ádám

Abstract

2007-2008-ban felborult a nemzetközi pénzpiacok hosszú ideig tartó viszonylagos nyugalma. A görög, az ír és a portugál példa mellett a magyar, a román és a lett eset is a fiskális fenntarthatóság és átláthatóság hiányának súlyos veszélyeire figyelmeztet. A politikai ciklusok adósságválságokban játszott szerepe a fontos tanulságok közé tartozik. Ugyanakkor tény, hogy a veszélyekre idejekorán figyelmeztetni képes előrejelző rendszerek még alig működnek. Bizonyos, korai riasztásra alkalmas mutatók szerepelnek ebben a tanulmányban, de nem kicsinyelhetjük le a nemzetközi befektetői közösség szubjektív megítélési szempontjait sem. A tanulmány az adósságválságok megelőzésére alkalmas, szélesebb hatáskörű intézményi eszközök alkalmazása mellett érvel. Journal of Economic Literature (JEL) kód: E63, F34, H63.

Suggested Citation

  • Török, Ádám, 2011. "Intézményépítés a túlzott államadósság elleni védekezés érdekében [Building institutions to guard against excessive state debt]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 577-591.
    • Handle: RePEc:ksa:szemle:1253
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    References listed on IDEAS

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    1. Kovács, Bernadett & Csuka, Gyöngyi, 2012. "The role of independent fiscal institutions in managing the European sovereign debt crisis: The case of the United Kingdom, Germany and Poland," MPRA Paper 40354, University Library of Munich, Germany.

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    More about this item

    JEL classification:

    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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