INTERNATIONAL GOVERNMENT SECURITIES: SPECIFIC FUNCTIONING
Journal: Bulletin of Taras Shevchenko National University of Kyiv. Economics (Vol.153, No. 12)Publication Date: 2013-11-20
Authors : N. Versal;
Page : 10-13
Keywords : international capital market; international government securities market; government securities; debt crisis;
Abstract
It’s disclosed the features of the international government securities market during 1993 ? 2012: main players are the developed countries (Western Europe, Canada, USA) with the increasing role of developing countries; debt crises have the negative impact as on the development of the international government securities market, but also on the international capital market as a whole; debt crises are not a spontaneous phenomenon, and usually occur as a result of inadequate growth in GDP increasing government debt.
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