traditional approach to evaluate debt sustainability, and examine three alternative approaches that provide useful econometric and … model-simulation tools to analyze debt sustainability. The first approach is Bohn's non-structural empirical framework based … three approaches to analyze debt sustainability in the United States and Europe after the recent surge in public debt …

IMF forecasts and the EU's Fiscal Compact foresee Europe's heavily indebted countries running primary budget surpluses … of as much as 5 percent of GDP for as long as 10 years in order to maintain debt sustainability and bring their debt …

-based evaluation of projects is unlikely to lead to scientific progress in the understanding of economic development. I welcome recent … trends in development experimentation away from the evaluation of projects and towards the evaluation of theoretical …

severely underestimate costs. This paper provides an evaluation of these three California studies.<br><br>We find that although …

This paper studies the impact of aid volatility in a two-period model where production may occur with either a … modern technology to be used. The possibility of a poverty trap induced by high aid volatility is first examined in a …

focusing on the underlying causes of poverty. A recent manifestation is the move towards sustainability,' which stresses …-free. An effort to promote sustainability by educating Kenyan schoolchildren on worm prevention was ineffective, and a … the context we examine, the pursuit of sustainability may be an illusion, and that in the short-run, at least, external …

We view sustainability as a requirement that welfare should not be expected to decline over time. We impose this …

maximizes welfare. This raises a question: Given its cost, should sustainability be a social objective? …