Butkus, Mindaugas; Seputiene, Janina - In: Economies : open access journal 6 (2018) 4/62, pp. 1-27
threshold level depends on government effectiveness (one of the aspects of countries’ institutional quality) and trade balance … and government effectiveness and (ii) including debt and government effectiveness, debt and trade deficit interactions … turning point dependence on government effectiveness. However, effective governance is not enough to avoid the negative debt …