Public debt management as one of the legal instruments for the implementation of economic sovereignty

Abstract

In connection with the difficult economic situation associated with the introduction of international sanctions against the Russian Federation, problems arise in repaying the external debt obligations of the Russian Federation, which makes it possible to fix the sovereign default of Russia at the international level.

It is concluded that: a) the size of the state internal and external debt does not allow drawing conclusions about the impossibility of the state to service its own obligations, b) fixing the sovereign default of the Russian Federation is quite politicized, since there were technical circumstances that did not allow the payment of obligations on time and in the relevant currency.

The scientific significance of the study of this topic lies in the development of theoretical provisions related to the management of public debt, as well as the correlation of its presence with the threat to economic security and sovereignty of the state.