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  • The balance of public budgets and public debt is the basic characteristics of the public finances of an economy. Influenced by the economic crisis between 2008 and 2009, the majority of developed countries struggle with the risks connected with sustainability of their public finances. The criteria for defining fiscal discipline in Eurozone are represented by Maastricht convergence criteria and by the existence and the function of the Stability and Growth Pact. The state of Japan’s public finances in comparison with the state of public finances of the Eurozone countries shows worse parameters and worse developmental tendencies of both characteristics. In 2009 the deficit of public budgets was higher only in two Eurozone countries and Japan’s public debt was almost two times higher than the highest value in the Eurozone. Without immediate and efficient fiscal consolidation Japan’s public finances will become one of the main threats to the future development of Japan’s economy.
  • The balance of public budgets and public debt is the basic characteristics of the public finances of an economy. Influenced by the economic crisis between 2008 and 2009, the majority of developed countries struggle with the risks connected with sustainability of their public finances. The criteria for defining fiscal discipline in Eurozone are represented by Maastricht convergence criteria and by the existence and the function of the Stability and Growth Pact. The state of Japan’s public finances in comparison with the state of public finances of the Eurozone countries shows worse parameters and worse developmental tendencies of both characteristics. In 2009 the deficit of public budgets was higher only in two Eurozone countries and Japan’s public debt was almost two times higher than the highest value in the Eurozone. Without immediate and efficient fiscal consolidation Japan’s public finances will become one of the main threats to the future development of Japan’s economy. (en)
Title
  • JAPAN’S PUBLIC FINANCES FROM THE VIEWPOINT OF EUROPEAN FISCAL RULES
  • JAPAN’S PUBLIC FINANCES FROM THE VIEWPOINT OF EUROPEAN FISCAL RULES (en)
skos:prefLabel
  • JAPAN’S PUBLIC FINANCES FROM THE VIEWPOINT OF EUROPEAN FISCAL RULES
  • JAPAN’S PUBLIC FINANCES FROM THE VIEWPOINT OF EUROPEAN FISCAL RULES (en)
skos:notation
  • RIV/46747885:24310/10:#0000221!RIV11-GA0-24310___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • P(GA402/09/0592)
http://linked.open...iv/cisloPeriodika
  • 2
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 265336
http://linked.open...ai/riv/idVysledku
  • RIV/46747885:24310/10:#0000221
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • public finances; Maastricht convergence criteria; Stability and Growth Pact; Eurozone; fiscal policy (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • CZ - Česká republika
http://linked.open...ontrolniKodProRIV
  • [15EDD8B56FD2]
http://linked.open...i/riv/nazevZdroje
  • ACC Journal
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...vavai/riv/projekt
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 16
http://linked.open...iv/tvurceVysledku
  • Bednářová, Pavla
issn
  • 1803-9782
number of pages
http://localhost/t...ganizacniJednotka
  • 24310
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