Financial Security in the Baltic States: Comparison with Selected EU Countries
The present paper applies recently developed consolidated indicator of the state financial security to the situation in Baltic States and some EU countries. The indicator summarises a number of economic and financial parameters relevant to the financial independence of the country. The resulting ind...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Riga Technical University Press
2016-08-01
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| Series: | Economics and Business |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/eb-2016-0026 |
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| Summary: | The present paper applies recently developed consolidated indicator of the state financial security to the situation in Baltic States and some EU countries. The indicator summarises a number of economic and financial parameters relevant to the financial independence of the country. The resulting indicator demonstrates a reasonable correlation with sovereign Fitch rating both for Baltic States and the “old” EU countries, but Fitch rating gives more optimistic evaluation for old EU countries. |
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| ISSN: | 1407-7337 2256-0394 |