Analysis of structure of public debt as a basic stage of information technology

Authors

  • Юлія Миколаївна Матвєєва International Research and Training Center for Information Technologies and Systems of the National Academy of Sciences (NAS) of Ukraine and Ministry of Education and Science (MES) of Ukraine, 03680, Kyiv, ave. Glushkov, 40, Ukraine

DOI:

https://doi.org/10.15587/2312-8372.2014.21220

Keywords:

public debt, state guarantees, information system, debt structure, budget balance

Abstract

The structure of public debt as a basic stage of information technology for investigating direct public and publicly guaranteed debt was developed and analyzed in the paper. It includes the following steps: research base formation, econometric models development, analysis of public debt volume changes, depending on internal and external economic factors and forecasting public direct and publicly guaranteed debt volume changes in the near-term outlook. The important role of public debt in the economic life of the country was substantiated in the paper. The role and the influence of the studied object on the state budget balance and consequently on the economy as a whole were pointed out. External direct and publicly guaranteed debt formation sources were revealed, and external public debt effects on the state economy were described. The basic elements of public debt, such as debt type, debt effects, direct and publicly guaranteed debt formation sources were outlined. Direct public and publicly guaranteed debt functioning study, based on the statistical data analysis allows to control peak situations, when the state budget burden, caused by the public debt repayment and servicing is excessive.

Author Biography

Юлія Миколаївна Матвєєва, International Research and Training Center for Information Technologies and Systems of the National Academy of Sciences (NAS) of Ukraine and Ministry of Education and Science (MES) of Ukraine, 03680, Kyiv, ave. Glushkov, 40

Scientific worker

References

  1. Public Debt in Emerging Markets [Electronic resource]/ International Monetary Fund, World economic outlook. – September 2003. – Available at: www/URL: http://www.imf.org/external/pubs/ft/weo/2003/02/index.htm
  2. Panizza, U. Domestic and external public debt in developing countries [Electronic resource] / U. Panizza // United Nations conference on trade and development. – 2008. – No. 188. – Available at: www/URL: http://unctad.org/en/docs/osgdp20083_en.pdf
  3. Anderson, Ph. R. D. Public Debt Management in Emerging Market Economies. Policy Research Working Paper [Electronic resource] / Ph. R. D. Anderson, A. Caputo Silva, A. Velandia-Rubiano // The World Bank, Banking and Debt Management Department, Global Capital Markets Development Department. – 2010. – Available at: www/URL: http://treasury.worldbank.org/bdm/ pdf/PDMinEM_HasThisTimeBeenDifferent_Anderson.etal.pdf
  4. Borensztein, E. Sovereign debt Structure for crisis prevention [Electronic resource]/ E. Borensztein, M. Chamon, O. Jeanne, P. Mauro, J. Zettelmeyer // International Monetary Fund (Washington, D.C.). – 2004. – Available at: www/URL: www.imf.org./external/pubs/nft/op/237/op237.pdf
  5. Hostland, D. Assessing debt sustainability in emerging market economies using stochastic simulation methods [Electronic resource] / D. Hostland, P. Karam // World Bank Policy Research Working Paper 3821. – 2006. – Available at: www/URL: http://elibrary.worldbank.org/doi/pdf/10.1596/1813-9450-3821
  6. Kopits, G. Rules-based fiscal policy in emerging markets [Text] / G. Kopits // Palgrave Macmilla.– New York, 2004. – 286 р.
  7. Міністерство фінансів України [Електронний ресурс]. – Режим доступу: www/URL: www.minfin.gov.ua.
  8. Кириченко, О. А. Сучасні теорії управління зовнішньою заборгованістю [Текст] / О. А. Кириченко, В. Д. Кудрицький // Актуальні проблеми економіки. Гроші, фінанси і кредит. – 2009. – №7 (97). – С. 15-27.
  9. External debt statistics: guide for compilers and users [Electronic resource]/ International Monetary Fund. – Washington, D.C., 2003. – Available at: www/URL: www.imf.org
  10. Національний банк України [Електронний ресурс]. – Режим доступу: www/URL: www.bank.gov.ua
  11. Матвєєва, Ю. М. Структура зовнішнього державного боргу України та особливості обслуговування [Текст] / Ю. М. Матвєєва // Збірник наук. праць МННЦІТ та С НАН України та МОН України. – 2009. – Вип. 14. – С. 187-202.
  12. Іващук, О. Т. Кількісні методи фінансового прогнозування боргової стратегії держави: концептуалізація, методологія, практика [Текст]/ О. Т. Іващук, Н. Я. Кравчук // Світ фінансів (ТАНГ), Державні фінанси в умовах демократії. – 2004. – Вип. 1. – С. 34-48.
  13. Public Debt in Emerging Markets. (September 2003). International Monetary Fund, World economic outlook. Available: www.imf.org/external/pubs/ft/weo/2003/02/index.htm
  14. Panizza, U. (2008). Domestic and external public debt in developing countries. United Nations conference on trade and development, No. 188. Available: http://unctad.org/en/docs/osgdp20083_en.pdf
  15. Anderson, Ph. R. D., Caputo Silva, A., Velandia-Rubiano, A. (2010). Public Debt Management in Emerging Market Economies. Policy Research Working Paper. The World Bank, Banking and Debt Management Department, Global Capital Markets Development Department. Available: http://treasury.worldbank.org/bdm/pdf/PDMinEM_HasThisTimeBeenDifferent_Anderson.etal.pdf
  16. Borensztein, E., Chamon, M., Jeanne, O., Mauro, P., Zettelmeyer, J. (2004). Sovereign debt Structure for crisis prevention. Washington, D.C.: International Monetary Fund. Available: www.imf.org./external/pubs/nft/op/237/op237.pdf
  17. Hostland, D., Karam, P. (2006). Assessing debt sustainability in emerging market economies using stochastic simulation methods. World Bank Policy Research Working Paper 3821. Available: http://elibrary.worldbank.org/doi/pdf/10.1596/1813-9450-3821
  18. Kopits, G. (2004). Rules-based fiscal policy in emerging markets. Palgrave Macmilla. New York, 286
  19. Ministry of Finance of Ukraine. Available: www.minfin.gov.ua.
  20. Kyrychenko, О. А., Kudrytskyi, V. D. (2009). Suchasni teorii upravlinnia zovnishnoiu zaborgovanistiu. Aktualni problemy ekonomiky, №7(97), 15-27.
  21. External debt statistics: guide for compilers and users. (2003). Washington, D.C.: International Monetary Fund. Available: www.imf.org.
  22. National Bank of Ukraine. Available: www.bank.gov.ua.
  23. Matvieieva, I. M. (2009). Structura zovnishnogo borgu Ukrainy ta osoblyvosti obslugovuvannia. Zb. Nauk. Prats. Ekonomiko-matematychne modeliuvannia sotsialno-ekonomichnikh system, MNNTSITtaS, Vip. 14, 187-202.
  24. Ivashchuk, O. T., Kravchiuk, N. Y. (2004). Kilkisni metody finansovogo prognozuvannia borgovoi strategii dergavy: kontseptualizaciia, metodologiia, praktyka. Svit finansiv (TANG), Dergavni finansy v umovakh demokratii, Vip. 1, 34-48.

Downloads

Published

2014-02-06

How to Cite

Матвєєва, Ю. М. (2014). Analysis of structure of public debt as a basic stage of information technology. Technology Audit and Production Reserves, 1(1(15), 27–30. https://doi.org/10.15587/2312-8372.2014.21220

Issue

Vol. 1 No. 1(15) (2014): Technology audit

Section

Technology audit

License

Copyright (c) 2016 Юлія Миколаївна Матвєєва

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

The consolidation and conditions for the transfer of copyright (identification of authorship) is carried out in the License Agreement. In particular, the authors reserve the right to the authorship of their manuscript and transfer the first publication of this work to the journal under the terms of the Creative Commons CC BY license. At the same time, they have the right to conclude on their own additional agreements concerning the non-exclusive distribution of the work in the form in which it was published by this journal, but provided that the link to the first publication of the article in this journal is preserved.