أثر السياسة المالية المستدامة في معالجة أزمة المديونية : دراسة في عينة من البلدان للمدة (2000-2019)‎

الملخص EN

The study aimed to demonstrate the impact of sustainable financial policy in addressing the debt crisis in Egypt and Jordan, and was based on annual data extended for the period (2000-2019) to show the extent of the ability of sustainable financial policy to address the debt crisis that most developing countries suffer from.

The researcher followed the descriptive approach to identify the basic concepts of financial sustainability and to emphasize that financial sustainability does not mean that it is mandatory to be covered by the state's public revenues for its expenditures, but rather the state has the right to borrow to cover the budget deficit, but within a prerequisite, which is the ability to repay debts, and then address the debt crisis, its characteristics and stages.

The study relied on the statement of the impact of sustainable financial policy in addressing financial crises through economic analysis through the (Eviews 10) program.

It can be neglected for a number of independent variables, which are the gross domestic product, tax revenues, public expenditures, public revenues, exports and oil prices on the dependent variables, which are the indebtedness in the countries of Egypt and Jordan.