Published : 2011-08-30

The Effectiveness of Institutional Constraints on the Level and Structure of Public Debt in Poland

Artur Walasik



Abstract

Government and municipal bonds represent an important element of today's financial markets. State and local governments' propensity to financing public projects through securities issues is influenced by a number of distinctive factors. The paper seeks to identify restrictions imposed by relevant laws and regulations on the level and structure of debt carried by State Treasury, local governments and other entities in the public finance sector.(original abstract)

Keywords:

Public debt, Financial markets, Securities, Fiscal rules



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Walasik, A. (2011). The Effectiveness of Institutional Constraints on the Level and Structure of Public Debt in Poland. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 35. Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/1440

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Publisher
Uniwersytet WSB Merito w Poznaniu
ul. Powstańców Wielkopolskich 5
61-895 Poznań
e-mail: journals@poznan.merito.pl
University
Uniwersytet WSB Merito w Poznaniu / WSB Merito University
ul. Powstańców Wielkopolskich 5
61-895 Poznań

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