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INTERNATIONAL GOVERNMENT SECURITIES: SPECIFIC FUNCTIONING

Journal: Bulletin of Taras Shevchenko National University of Kyiv. Economics (Vol.153, No. 12)

Publication Date:

Authors : ;

Page : 10-13

Keywords : international capital market; international government securities market; government securities; debt crisis;

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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.

Last modified: 2016-08-10 21:25:34