<abstract xml:lang="en" xmlns="http://www.w3.org/1999/xhtml"><p>Public debt management is one of basic fiscal functions the government performs. Public debt usually comprises a large share of nation's gross domestic product and is therefore an important instrument of fiscal policy. The purpose of this paper is to shed light on public debt management in Slovenia. Our goal was to estimate and present effects of debt management transactions performed by Slovenian Debt management office from year 2002 onwards. We found that these transactions had significant and positive effects on costs of public debt and also on its dynamics: they caused the turn in interest payments' trend and lowered the dynamics of upward-sloping trend of public debt.</p></abstract>

Public debt management is one of basic fiscal functions the government performs. Public debt usually comprises a large share of nation's gross domestic product and is therefore an important instrument of fiscal policy. The purpose of this paper is to shed light on public debt management in Slovenia. Our goal was to estimate and present effects of debt management transactions performed by Slovenian Debt management office from year 2002 onwards. We found that these transactions had significant and positive effects on costs of public debt and also on its dynamics: they caused the turn in interest payments' trend and lowered the dynamics of upward-sloping trend of public debt.

Is Public Debt Management in Slovenia Efficient: An Empirical Analysis

Faculty of management Koper, Cankarjeva 5, SI-6000 Koper

South East European Journal of Economics and Business

{"article-title":"Is Public Debt Management in Slovenia Efficient: An Empirical Analysis"}

Public debt management is one of basic fiscal functions the government performs. Public debt usually comprises a large share of nation's gross domestic product...

Is Public Debt Management in Slovenia Efficient: An Empirical Analysis

Published Online: Jun 13, 2011

Page range: 39 - 44

DOI: https://doi.org/10.2478/v10033-009-0012-5

Keywords
public debt, debt management, Slovenia

This content is open access.

Is Public Debt Management in Slovenia Efficient: An Empirical Analysis

Published Online: Jun 13, 2011

Page range: 39 - 44

DOI: https://doi.org/10.2478/v10033-009-0012-5

Keywordspublic debt, debt management, Slovenia

This content is open access.

Keywords
public debt, debt management, Slovenia