Preliminary communication
The exchange rate arrangements-government finance relationship and the impact on debt management
Silvia Trifonova
orcid.org/0000-0001-5145-5986
; University of National and World Economy, Finance and Accountancy Faculty, Bulgaria
Milena Kovachevich
; University of National and World Economy, Finance and Accountancy Faculty, Bulgaria
Abstract
The choice of exchange rate regime can have a significant impact on the development of the national economy, which affects the main economic indicators. Traditionally, researchers consider the effects of certain types of exchange rate regimes on economic indicators such as gross domestic product, inflation, current account, real exchange rate and investments, but is it possible that the exchange rate regime can also reflect the country's government finance and thus influence the management of public debt?
Keywords
exchange rate arrangement; debt management; government debt; government budget balance
Hrčak ID:
161356
URI
Publication date:
29.6.2016.
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