Showing 1 - 10 of 743
Society's transition toward more sustainable energy sources is well underway. But substantially reducing the use of fossil fuels to generate electricity, to power vehicles, and to manufacture the stuff of everyday life will profoundly disrupt the communities that currently dedicate themselves to...
Persistent link: https://www.econbiz.de/10013537765
We view sustainability as a requirement that welfare should not be expected to decline over time. We impose this …
Persistent link: https://www.econbiz.de/10012585383
maximizes welfare. This raises a question: Given its cost, should sustainability be a social objective? …
Persistent link: https://www.econbiz.de/10013210047
Over the past decade, non-Paris Club creditors, notably China, have become an important source of financing for low … sustainability. Disclosure of nontraditional debt would imply significant welfare gains for the recipient countries but would reduce … its sustainability. We discuss the implications of nontraditional lending on standard assumptions of sovereign debt models …
Persistent link: https://www.econbiz.de/10012480291
was certified in March 2017 for fiscal years 2017-18 to 2026-27. Second, we perform a Debt Sustainability Analysis (DSA … that the island's current debt position is unsustainable, and compute the necessary debt relief to restore sustainability …
Persistent link: https://www.econbiz.de/10012480907
This paper, a chapter in the forthcoming Oxford University Press Handbook of the Indian Economy, edited by Chetan Ghate, considers India's experience with fiscal (responsibility) rules during the past decade. After reviewing the basic facts concerning public debt and deficits in India, the...
Persistent link: https://www.econbiz.de/10012462717
examine the channels through which governments achieve fiscal sustainability. We evaluate the ability of this framework to …
Persistent link: https://www.econbiz.de/10012466007
Debt sustainability is fundamentally a probabilistic concept: Debt is rarely sustainable with probability one. We … propose an index of external debt sustainability that reflects this uncertainty. Namely we construct the index as the … strong measures are potentially needed to reestablish sustainability. Exchange rates that appear overvalued in the baseline …
Persistent link: https://www.econbiz.de/10012453645
sustainability along the metrics we study. Even in countries with high public debt, the penalty for activist discretionary fiscal …
Persistent link: https://www.econbiz.de/10012453922
Numerous evaluations show that conditional cash transfer programs change households' investments in their young children, but there are many open questions about how such changes can be sustained after transfers end. This paper analyzes the role of social interactions with local female leaders...
Persistent link: https://www.econbiz.de/10012455809