Showing 1 - 10 of 947
debt sustainability over the next decade, taking into account alternative recovery scenarios and associated fiscal … persistent economic effects of the pandemic, risks to the Dutch fiscal and debt sustainability would remain contained …
Persistent link: https://www.econbiz.de/10012485963
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/10012154706
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 …
Persistent link: https://www.econbiz.de/10012170127
Persistent link: https://www.econbiz.de/10011281606
Persistent link: https://www.econbiz.de/10010359872
This paper investigates the dynamic impact of natural resource discoveries on government debt sustainability. We use a … presource curse', id est, natural resources can jeopardize fiscal sustainability even before 'the first drop of oil is pumped …
Persistent link: https://www.econbiz.de/10013170580
In response to the recent financial crisis and the ensuing buildup in public indebtedness, an increasing number of advanced economies have created independent fiscal institutions (IFIs) to improve the quality of public finances and to strengthen the credibility of government policy. A review of...
Persistent link: https://www.econbiz.de/10011715114
Persistent link: https://www.econbiz.de/10009423212
use of (country-specific) debt thresholds to assess debt sustainability. We argue that the level of the debt-to-GDP ratio …
Persistent link: https://www.econbiz.de/10011716332
The paper offers an approach to assessing the sustainability of public debt taking into account the effect of fiscal …
Persistent link: https://www.econbiz.de/10011716734