Implementation of Multi-Objective Evaluation Method in Public Debt Risk Management


Abstract

The paper is devoted to propose a public debt risk assessment model, which allows predicting country's economic well-being trends. The proposed model evaluates different aspects of public debt-related structural indicators. Evaluation of research results enables to use multi-objective evaluation method to determine the risk of public debt. The data analysis indicates EU's ability to cope with the increasing level of public debt and predict long term fiscal consequences.

Keywords

public debt; risk; MULTIMOORA; MOORA; structural indicators; European Union

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Published : 2013-12-30


StankevičienėJ., & RosovS. (2013). Implementation of Multi-Objective Evaluation Method in Public Debt Risk Management. Entrepreneurial Business and Economics Review, 1(4), 7-20. https://doi.org/10.15678/EBER.2013.010402

Jelena Stankevičienė  jelena.stankeviciene@vgtu.lt
Vilnius Gediminas Technical University  Lithuania
Sergej Rosov 
Vilnius Gediminas Technical University  Lithuania




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