Financial Security in the Baltic States: Comparison with Selected EU Countries
The present paper applies recently developed consolidated indicator of the state financial security to the situation in Baltic States and some EU countries. The indicator summarises a number of economic and financial parameters relevant to the financial independence of the country. The resulting ind...
| Main Author: | |
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| Format: | Article |
| Language: | English |
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Riga Technical University Press
2016-08-01
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| Series: | Economics and Business |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/eb-2016-0026 |
| _version_ | 1826952461030522880 |
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| author | Semjonova Nadežda |
| author_facet | Semjonova Nadežda |
| author_sort | Semjonova Nadežda |
| collection | DOAJ |
| description | The present paper applies recently developed consolidated indicator of the state financial security to the situation in Baltic States and some EU countries. The indicator summarises a number of economic and financial parameters relevant to the financial independence of the country. The resulting indicator demonstrates a reasonable correlation with sovereign Fitch rating both for Baltic States and the “old” EU countries, but Fitch rating gives more optimistic evaluation for old EU countries. |
| first_indexed | 2024-04-11T02:49:07Z |
| format | Article |
| id | doaj.art-d804341dff9146d8902a34b671b75cf5 |
| institution | Directory Open Access Journal |
| issn | 1407-7337 2256-0394 |
| language | English |
| last_indexed | 2025-02-17T23:07:25Z |
| publishDate | 2016-08-01 |
| publisher | Riga Technical University Press |
| record_format | Article |
| series | Economics and Business |
| spelling | doaj.art-d804341dff9146d8902a34b671b75cf52024-12-02T08:18:47ZengRiga Technical University PressEconomics and Business1407-73372256-03942016-08-01291909510.1515/eb-2016-0026Financial Security in the Baltic States: Comparison with Selected EU CountriesSemjonova Nadežda0Riga Technical University LatviaThe present paper applies recently developed consolidated indicator of the state financial security to the situation in Baltic States and some EU countries. The indicator summarises a number of economic and financial parameters relevant to the financial independence of the country. The resulting indicator demonstrates a reasonable correlation with sovereign Fitch rating both for Baltic States and the “old” EU countries, but Fitch rating gives more optimistic evaluation for old EU countries.https://doi.org/10.1515/eb-2016-0026financial securitygovernment debtsovereign rating |
| spellingShingle | Semjonova Nadežda Financial Security in the Baltic States: Comparison with Selected EU Countries Economics and Business financial security government debt sovereign rating |
| title | Financial Security in the Baltic States: Comparison with Selected EU Countries |
| title_full | Financial Security in the Baltic States: Comparison with Selected EU Countries |
| title_fullStr | Financial Security in the Baltic States: Comparison with Selected EU Countries |
| title_full_unstemmed | Financial Security in the Baltic States: Comparison with Selected EU Countries |
| title_short | Financial Security in the Baltic States: Comparison with Selected EU Countries |
| title_sort | financial security in the baltic states comparison with selected eu countries |
| topic | financial security government debt sovereign rating |
| url | https://doi.org/10.1515/eb-2016-0026 |
| work_keys_str_mv | AT semjonovanadezda financialsecurityinthebalticstatescomparisonwithselectedeucountries |