Naslov
The Croatian public debt : current state and trends

Autori
Bajo, Anto

Izvornik
Newsletter : an occasional publication of the Institute of Public Finance (1333-4417) 5 (2003), 12; 1-6

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, popularan rad, ostalo

Ključne riječi
public debt ; Croatia ; current state ; trends

Sažetak
The public debt consists of all the liabilities of government, that is, the sum of all outstanding debts that the public sector owes to its creditors at any given moment. For an analysis of the public debt and its sustainability, it is essential to have comprehensive a view of the liabilities of the public sector. As well as direct liabilities of government, of the extra-budgetary funds, of local government units and public enterprises, it is also essential to have information about debts that are still outstanding to suppliers and about potential government liabilities, i.e., guarantees for loans, for pensions. Many developed and transition countries, it is true, often have problems in obtaining comprehensive pictures of the public debt. Whatever the practice in other countries, though, Croatia must possess comprehensive information concerning the public debt in order to ensure quality management of the debt. Records concerning the public debt in Croatia on the whole deal with the debts of general government (central government, local government units and extra-budgetary funds) and only part of the potential debt (government guarantees).

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA