PEMBIAYAAN BUDGET DEFISIT, HUTANG, DAN TINGKAT BUNGA : SUATU PERBANDINGAN ANTARA EMERGING DAN ADVANCED COUNTRIES
Abstract: Deficit budget,
public debt, as well as interest rate of advanced and emerging countries are
compared in this study. The study employ data of 30 developed countries and 29
emerging countries in period 2006 to 2011. Data is obtained from IMF. The
descriptive method is used dominantly in the study. The study finds that the
advanced countries conduct more dominant fiscal policy than the emerging
countries. Furthermore, the ratio of
public debt per GDP of developed countries also greater than the public debt of
emerging countries. However, the percentage of interest payment in the
government budget and in the GDP of emerging countries is higher than the
developed countries. The situation existed because the interest rates that must
be paid by emerging countries are greater than developed countries. If
developed countries conduct public debt that requires same ratio of interest
payment like emerging countries, the developed countries will have the public
debt three times more than the debt of emerging countries. Based on the result,
it can be concluded that emerging countries have weaker ability using public
debt financing fiscal budget deficit than the advanced countries.
Penulis: Chandra Utama
Kode Jurnal: jpakuntansidd130156
