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. An overwhelming response across Asia as international oil prices spiked in 2008 was to shield domestic consumers more …. Additionally, in combination with lower growth rates, higher spending to rev up demand across Asia is also worsening the fiscal …
Persistent link: https://www.econbiz.de/10003832198
. An overwhelming response across Asia as international oil prices spiked in 2008 was to shield domestic consumers more …. Additionally, in combination with lower growth rates, higher spending to rev up demand across Asia is also worsening the fiscal …
Persistent link: https://www.econbiz.de/10013143780
The paper explores risk-based fiscal analytical approaches to complement a standard debt sustainability analysis when … applied under conditions of risk and uncertainty. To outline a possible road map for risk-adjusted fiscal sustainability … analysis, the paper first examines the types of vulnerability faced by different emerging economies in Asia and reviews a range …
Persistent link: https://www.econbiz.de/10012986579
The paper explores risk-based fiscal analytical approaches to complement a standard debt sustainability analysis when … applied under conditions of risk and uncertainty. To outline a possible road map for risk-adjusted fiscal sustainability … analysis, the paper first examines the types of vulnerability faced by different emerging economies in Asia and reviews a range …
Persistent link: https://www.econbiz.de/10011658864
specifically on their degree of success, notably in terms of fiscal sustainability. The "need" to consolidate is based on having a … primary balance above or below the debt-stabilizing primary balance (provided by the IMF's Debt Sustainability Analysis) for … each country. We then link the need for and the actual (historical) existence of fiscal adjustments to their sustainability …
Persistent link: https://www.econbiz.de/10012938962
sufficient fiscal buffers during normal and good times. It has also reaffirmed the need for a thorough debt sustainability … narrative shock scenarios; (ii) a stochastic DSA, providing for a probabilistic approach to debt sustainability; and (iii) other … summarised in a heat map, which can provide guidance on the overall assessment of risks to debt sustainability. This method …
Persistent link: https://www.econbiz.de/10011634439
This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a stochastic simulation … debt sustainability. It recommends integrating such rules into a well-designed fiscal responsibility law and establishing …
Persistent link: https://www.econbiz.de/10012858382
Since 2008, the world economy has been facing the consequences of the global financial crisis. One consequence has been the rapid growth of public debt in many advanced economies, resulting from overly optimistic estimates of the fiscal situation before the crisis, declining government revenues...
Persistent link: https://www.econbiz.de/10012984467
This study focuses on the empirical tests for the sustainability and solvency of fiscal policies in Algeria using a …
Persistent link: https://www.econbiz.de/10012145389
sustainability ; disasters …
Persistent link: https://www.econbiz.de/10003866542