fiscal rules on public investment and public debt sustainability. Our main results are as follows. First, the implementation … the current public debt limit (30 percent of GDP), although there is a trade-off between investment-friendly rules and …

their intricate interplay and nonlinear impact on State-Dependent Debt Limits. The framework highlights the significance of … importance of assessing fiscal pol-icy consolidations aimed at ensuring debt sustainability and responses to global shocks using …

Many countries in the Caribbean have been grappling with persistent fiscal imbalances and rising debt levels. The … average debt to GDP ratio in the Caribbean in 2017 was 76.6 percent, higher than the negative debt-growth threshold of 60 … increase in the debt ratio. …

This paper assesses debt sustainability in Guatemala. Debt stability has been achieved at very low expenditure levels …

. Nevertheless, public debt has increased continuously and is now expected to exceed 60 percent of GDP, in large part driven by the … pandemic. We argue that the FR should be reformed so as to incorporate a debt anchor. Using a regime change model and the IMFs … buffer risk methodology, we show that the prudent debt level should not exceed 48 percent of GDP and that in order to achieve …

This study contends that Caribbean countries cannot adequately surmount their fiscal and debt challenges in the absence …

the Caribbean to better understand governments' ability to service their debt, arising from endogenously determined … indicates that terms-of-trade and exchange rate volatility impacted the ability of national economies to service their debt. It … understanding governments' ability to service their debt. …

debt ratios and structural balances is the highest, while compliance with fiscal balance and expenditure rules is the …