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 …

The World Bank and the IMF have adopted a debt sustainability framework (DSF) to evaluate the risk of debt distress in …

Reform of Lebanon's pension system is indispensable. The country already faces fiscal sustainability risks, which will … demographics. In addition to sustainability issues, the pension system also suffers from equity shortcomings-Lebanon is the only …

Fiscal sustainability remains a paramount challenge for small economies with high debt and greater vulnerability to … climate change. This paper applies the model-based sustainability test for fiscal policy in a panel of 16 Caribbean countries … fiscal policy response is not adequate to ensure sustainability at higher levels of debt. We also find that the fiscal stance …

The paper offers an approach to assessing the sustainability of public debt taking into account the effect of fiscal …

use of (country-specific) debt thresholds to assess debt sustainability. We argue that the level of the debt-to-GDP ratio …

sustainability for three fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam. We show that a gradual public … challenge of addressing large infrastructure gaps while maintaining debt sustainability …

Do government financial assets help improve public debt sustainability? To answer this question, we assemble a … late 1980s. We then use this rich database to estimate the impact of assets on two key dimensions of debt sustainability …

This paper examines a number of structural factors affecting the external debt sustainability of HIPC completion point … compared with many other low-income countries. Achieving and maintaining long-term debt sustainability in completion point …