Determinants of Polish public debt

The crisis, which had its beginning in 2007, turned into the debt crisis of the countries. The examples of Greece, Ireland, Iceland or Spain showed the category of public debt in a new light. Poland, at the turn of 2010/2011 also achieved the upper level of public debt acceptable by the law. In the...

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Main Author: Tomasz Stryjewski
Format: Article
Language:English
Published: WSB University in Torun 2011-12-01
Series:Torun Business Review
Subjects:
Online Access:https://tbr.wsb.torun.pl/index.php/journal/article/view/174
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author Tomasz Stryjewski
author_facet Tomasz Stryjewski
author_sort Tomasz Stryjewski
collection DOAJ
description The crisis, which had its beginning in 2007, turned into the debt crisis of the countries. The examples of Greece, Ireland, Iceland or Spain showed the category of public debt in a new light. Poland, at the turn of 2010/2011 also achieved the upper level of public debt acceptable by the law. In the present situation of the European Union countries being in debt, and even insolvent, the situation in Poland becomes riskier. This article attempts at an empirical verification of the determinants of Polish public debt within 95 months (the data link with the period of time from January 2003 to November 2010). The verification of the main factors which cause the formation of public debt takes place by means of an appropriately verified econometric model.
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spelling doaj.art-4a94af5bc447497183b25f3607738faa2022-12-22T00:19:36ZengWSB University in TorunTorun Business Review1643-81752451-09552011-12-011010183196116Determinants of Polish public debtTomasz Stryjewski0Wyższa Szkoła Informatyki i Ekonomii w Olsztynie ul. Jagiellońska 59 10-283 OlsztynThe crisis, which had its beginning in 2007, turned into the debt crisis of the countries. The examples of Greece, Ireland, Iceland or Spain showed the category of public debt in a new light. Poland, at the turn of 2010/2011 also achieved the upper level of public debt acceptable by the law. In the present situation of the European Union countries being in debt, and even insolvent, the situation in Poland becomes riskier. This article attempts at an empirical verification of the determinants of Polish public debt within 95 months (the data link with the period of time from January 2003 to November 2010). The verification of the main factors which cause the formation of public debt takes place by means of an appropriately verified econometric model.https://tbr.wsb.torun.pl/index.php/journal/article/view/174econometric model, Polish public debt
spellingShingle Tomasz Stryjewski
Determinants of Polish public debt
Torun Business Review
econometric model, Polish public debt
title Determinants of Polish public debt
title_full Determinants of Polish public debt
title_fullStr Determinants of Polish public debt
title_full_unstemmed Determinants of Polish public debt
title_short Determinants of Polish public debt
title_sort determinants of polish public debt
topic econometric model, Polish public debt
url https://tbr.wsb.torun.pl/index.php/journal/article/view/174
work_keys_str_mv AT tomaszstryjewski determinantsofpolishpublicdebt