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 1044 12 |
| Ultima descărcare din IBN: 2024-04-04 18:28 |
| Căutarea după subiecte similare conform CZU |
| [323+33]:339.732.4 (1) |
| Afaceri interne. Politică internă (650) |
| Economie. Științe economice (9564) |
| Finanțe internaționale (245) |
 SM ISO690:2012BUTNARU, Veronica. Impactul măsurilor de austeritate impuse de FMI în ţările care solicită ajutor economic. In: Administrarea Publică, 2012, nr. 3(75), pp. 40-44. ISSN 1813-8489. |
| EXPORT metadate: Google Scholar Crossref CERIF DataCite Dublin Core |
| Administrarea Publică | ||||||
| Numărul 3(75) / 2012 / ISSN 1813-8489 | ||||||
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| CZU: [323+33]:339.732.4 | ||||||
| Pag. 40-44 | ||||||
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| Rezumat | ||||||
Austerity measures are typically taken if there is a perceived threat that government cannot honor its debt liabilities. Such a situation may arise if a government has borrowed in foreign
currencies which they have no right to issue or they have been legally forbidden from issuing their own currency. In such a situation banks may lose trust in government’s ability and/or
willingness to pay and refuse to roll over existing debts or demand exorbitant interest rates. In such situations, inter-governmental institutions such as the International Monetary Fund (IMF) typically come in and demand austerity measures in exchange for functioning as a lender of last resort. When the IMF requires such a policy, the terms are known as “IMF conditionalities”. |
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| Cuvinte-cheie economics, austerity, government austerity measures, spending, deficit spending, public services, creditors. |
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