DOES THE GOVERNMENT DEBT AFFECT COUNTRY’S COMPETITIVENESS?
DOES THE GOVERNMENT DEBT AFFECT COUNTRY’S COMPETITIVENESS?

Summary/Abstract: Competitiveness is a very wide area with a number of factors affecting it. One of the factors we are investigating is government debt. Government debt is usually perceived as something negative. But neither economy can perform without it. The aim of the paper is to determine whether a country’s debt affects its competitive position. Using the example of the V4 countries, we will try to identify whether government debt has an impact on competitiveness and to what extent. When analyzing the time period of 6 years, competitiveness in the V4 countries has been different. Also, the government debt of given countries varies in height and development. When evaluating the results of the Pearson correlation coefficient, the resulting values for the V4 countries are different.

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