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Statements

Subject Item
n2:RIV%2F46747885%3A24310%2F10%3A%230000221%21RIV11-GA0-24310___
rdf:type
skos:Concept n14:Vysledek
dcterms:description
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.
dcterms:title
JAPAN’S PUBLIC FINANCES FROM THE VIEWPOINT OF EUROPEAN FISCAL RULES JAPAN’S PUBLIC FINANCES FROM THE VIEWPOINT OF EUROPEAN FISCAL RULES
skos:prefLabel
JAPAN’S PUBLIC FINANCES FROM THE VIEWPOINT OF EUROPEAN FISCAL RULES JAPAN’S PUBLIC FINANCES FROM THE VIEWPOINT OF EUROPEAN FISCAL RULES
skos:notation
RIV/46747885:24310/10:#0000221!RIV11-GA0-24310___
n4:aktivita
n8:P
n4:aktivity
P(GA402/09/0592)
n4:cisloPeriodika
2
n4:dodaniDat
n17:2011
n4:domaciTvurceVysledku
n16:1367021
n4:druhVysledku
n10:J
n4:duvernostUdaju
n18:S
n4:entitaPredkladatele
n11:predkladatel
n4:idSjednocenehoVysledku
265336
n4:idVysledku
RIV/46747885:24310/10:#0000221
n4:jazykVysledku
n9:eng
n4:klicovaSlova
public finances; Maastricht convergence criteria; Stability and Growth Pact; Eurozone; fiscal policy
n4:klicoveSlovo
n5:Maastricht%20convergence%20criteria n5:Eurozone n5:public%20finances n5:Stability%20and%20Growth%20Pact n5:fiscal%20policy
n4:kodStatuVydavatele
CZ - Česká republika
n4:kontrolniKodProRIV
[15EDD8B56FD2]
n4:nazevZdroje
ACC Journal
n4:obor
n13:AH
n4:pocetDomacichTvurcuVysledku
1
n4:pocetTvurcuVysledku
1
n4:projekt
n15:GA402%2F09%2F0592
n4:rokUplatneniVysledku
n17:2010
n4:svazekPeriodika
16
n4:tvurceVysledku
Bednářová, Pavla
s:issn
1803-9782
s:numberOfPages
11
n7:organizacniJednotka
24310