Government Debt Policy Modeling
2015
Nadežda Semjonova

Defending
27.06.2015. 14:00, Kalnciema iela 6, 309 aud.

Supervisor
Kārlis Ketners

Reviewers
Remigijs Počs, Ingrīda Jakušonoka, Enzo Rossi

The aim of the Thesis is to develop a model for the selection of the optimal government debt policy in the cyclic economy considering the aspects of the state financial stability. The Thesis is structured into five chapters. Detailed tables, diagrams and calculation results are given in the annexes. The first chapter extends classification of the government debt crisis management tools and develops classification of defaults on the base of historical review and modern situation analysis. The second chapter examines the Latvian government debt policy and debt management legal and regulatory provisions as well as analyses public debt trends in Latvia. The third chapter analyses public debt trends in the economy of the world, world regions and, particularly, in the EU, as well as evaluates the relationship between the state debt and economic and financial indicators. The fourth chapter develops national financial security evaluation methodology on the base of contend analysis of the scientific articles and international rating agencies documents and expert pool opinions. The fifth chapter develops government debt policy model, which is tested on the Baltic state data, and proposes the method for the elaboration of the government debt policy in dependence on the economic growth and recession period.


Keywords
valsts parāds, finanšu drošība, valsts parāda politika

Semjonova, Nadežda. Government Debt Policy Modeling. PhD Thesis. Rīga: [RTU], 2015. 173 p.

Publication language
Latvian (lv)
The Scientific Library of the Riga Technical University.
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