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Trade and Environment Beyond Singapore
Whalley, John - 1996
This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the upcoming ministerial meeting in Singapore this December. It makes a number of points. Progress within the GATT/WTO on this issue looks likely to be slow and painfully...
Persistent link: https://www.econbiz.de/10012473066
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Sustainable Growth and the Green Golden Rule
Beltratti, Andrea - 1993
captures some of the concerns of those who argue for sustainability and for a heightened sense of responsibility to the future …
Persistent link: https://www.econbiz.de/10012474520
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The Kindergarten Rule of Sustainable Growth
Brock, William A. - 2003
The relationship between economic growth and the environment is not well understood: we have only limited understanding of the basic science involved and very limited data. Because of these difficulties it is especially important to develop a series of relatively simple theoretical models that...
Persistent link: https://www.econbiz.de/10012469101
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Undisclosed Debt Sustainability
Alfaro, Laura - 2019
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
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An Analysis of Puerto Rico's Debt Relief Needs to Restore Debt Sustainability
Gluzmann, Pablo A. - 2018
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
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A New Index of Debt Sustainability
Blanchard, Olivier J. - 2017
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
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Fiscal Stimulus and Fiscal Sustainability
Auerbach, Alan J. - 2017
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
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Fiscal Rules in India : Are They Effective?
Buiter, Willem H. - 2010
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
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The Environment and Directed Technical Change
Acemoglu, Daron - 2009
This paper introduces endogenous and directed technical change in a growth model with environmental constraints and limited resources. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation....
Persistent link: https://www.econbiz.de/10012463198
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Inflation Implications of Rising Government Debt
Giannitsarou, Chryssi - 2006
examine the channels through which governments achieve fiscal sustainability. We evaluate the ability of this framework to …
Persistent link: https://www.econbiz.de/10012466007