Assessment of government debt security of emerging markets: theory and practice

Koilo, V.; Riabushka, Liudmyla Borysivna; Kubakh, Tetiana Hryhorivna; Halík, J.

Please use this identifier to cite or link to this item: https://essuir.sumdu.edu.ua/handle/123456789/82077

Or use following links to share this resource in social networks: Recommend this item

Title	Assessment of government debt security of emerging markets: theory and practice
Authors	Koilo, V. Riabushka, Liudmyla Borysivna Kubakh, Tetiana Hryhorivna Halík, J.
ORCID	http://orcid.org/0000-0001-8597-6819 http://orcid.org/0000-0003-3810-6380
Keywords	government debt security solvency liquidity domestic indebtedness external indebtedness emerging markets забезпечення державного боргу платоспроможність ліквідність внутрішня заборгованість зовнішня заборгованість ринки, що розвиваються обеспечение государственного долга платежеспособность ликвидность внутренняя задолженность внешняя задолженность развивающиеся рынки
Type	Article
Date of Issue	2020
URI	https://essuir.sumdu.edu.ua/handle/123456789/82077
Publisher	Businness Perspectives
License	Creative Commons Attribution 4.0 International License
Citation	Viktoriia Koilo, Lyudmila Ryabushka, Tatiana Kubakh and Jaroslav Halik (2020). Assessment of government debt security of emerging markets: theory and practice. Investment Management and Financial Innovations, 17(1), 35-48. doi:10.21511/imfi.17(1).2020.04
Abstract	This study came to inspect a new approach to the government debt security assessment based on the systematization of indicators in terms of four directions: solvency, liquidity, domestic indebtedness, and external indebtedness. The proposed methodology considers the weaknesses, which negatively affect the level of government debt security. It was established that in 2014−2016 the level of security at emerging markets was the worst. The main reason was insufficient solvency. Also, the obtained results showed that the general assessment of domestic indebtedness in recent years had a more dangerous level than the external one. In addition, it was revealed that similar problems with the level of debt burden are also presented in the EU countries since the value of the analyzed indicator – general government debt to GDP – exceeds 60%. It is recommended to consider the experience of debt management reform of new members of the EU and, at the same time, post-socialist countries by other emerging economies.
Appears in Collections:	Наукові видання (ННІ БіЕМ)