Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/43716
Title: Macroeconomic indicators and their impact on the foreign debt burden : the case of BRICS countries
Authors: Akhmadeev, R. G.
Bykanova, O. A.
Philippova, N. V.
Vashchekina, I. V.
Turishcheva, T. B.
Keywords: Macroeconomics
BRIC countries -- Economic conditions
BRIC countries -- Economic integration
BRIC countries -- Foreign economic relations
Budget -- BRIC countries
Budget -- Law and legislation -- BRIC countries
Taxation -- BRIC countries
Taxation -- Law and legislation -- BRIC countries
Financial statements -- BRIC countries
Gross domestic product -- BRIC countries
Issue Date: 2018
Publisher: Eleftherios Thalassinos
Citation: Akhmadeev, R. G., Bykanova, O. A., Philippova, N. V., Vashchekina, I. V., & Turishcheva, T. B. (2018). Macroeconomic indicators and their impact on the foreign debt burden : the case of BRICS countries. International Journal of Economics and Business Administration, 6(2), 68-82.
Abstract: The main aim of this article is to analyse the macro indicators affecting the foreign debt burden of BRICS. It has been proven that it is required to design development scenarios in mid-term planning via forming a numerical estimate plane, taking into account expectations of economic variables’ behavior and other factors, which would stabilize the debt burden and other indicators at sensible levels. Using the elimination approach towards the impact of all factors on the amount on the end result except one, the article formulates and proves the hypothesis that market indicators in relation to GDP influence the size of the country’s debt.
URI: https://www.um.edu.mt/library/oar//handle/123456789/43716
ISSN: 22414754
Appears in Collections:IJEBA, Volume 6, Issue 2

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