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The Problem Of External Debt In Post-Socialism Countries (The Case Of Eastern Europe)

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  • GRZEGORZ GÓRNIEWICZ

    () (Faculty of Humanities,University of Kazimierz Wielki,Bydgoszcz, POLAND)

Abstract

In the present paper, apparently the most heated problem of modern international finances, i.e. external debt of post-socialism countries has been taken under the spotlight. The primary purpose of the paper was to point at the reasons for the occurrence of external debt and the measures taken for the sake of fighting it so far. The case of Eastern Europe will be considered in greatest depth.

Suggested Citation

  • Grzegorz Górniewicz, 2009. "The Problem Of External Debt In Post-Socialism Countries (The Case Of Eastern Europe)," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
  • Handle: RePEc:bbn:journl:2009_2_1_gorniewicz
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    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/2009_2_1_Gorniewicz.pdf
    File Function: Revised version, 2009
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    More about this item

    Keywords

    external debt; international finance; debt crisis;

    JEL classification:

    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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