Prague Economic Papers 2006, 15(3):268-281 | DOI: 10.18267/j.pep.288

Doubtful Sustainability of Public Finances in Slovenia

Primož Dolenc
Assistant professor, University of Primorska, Faculty for Management Koper (primoz.dolenc@fm-kp.si).

In the immediate period before adoption of euro many debates in Slovenia deal with fulfillment of Maastricht criteria. Slovenia has never had any significant problems with Maastricht fiscal criteria, but this does not mean that it has long-term sustainable fiscal situation. The purpose of this analysis is analyze (non)sustainability of Slovenia's fiscal stance. The methodology is based on objective analysis of long-term public finance's stability/sustainability. The analysis shows that Slovenia exceeded several times the level of sustainability in previous years. In next period the circumstances could only worsen unless necessary fiscal reform and other policy measures (especially reform of public-debt management) are introduced.

Keywords: public finance, sustainability, budget, deficit, debt
JEL classification: H20, H62, H63

Published: January 1, 2006  Show citation

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Dolenc, P. (2006). Doubtful Sustainability of Public Finances in Slovenia. Prague Economic Papers, 15(3), 268-281. doi: 10.18267/j.pep.288
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