panel data econometric estimators, this article examines the issue of fiscal sustainability for a group of 10 Caribbean … countries over the period 1991-2017. The evidence from panel co-integration models of government revenue and expenditure shows … that past fiscal behavior is “weakly” sustainable. The “weak sustainability” finding is reinforced by evidence from an …

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

primary balance. The sustainability exercise also showed that fiscal policy is sustainable. However, it is found that this … sustainability was not a result of appropriate fiscal policy. While factors outside of the Governments control worsened the primary …

debt sustainability analyses. Overall, our analysis provides novel evidence on the mechanisms underlying public debt surges …

This paper analyzes the sustainability of Costa Rican sovereign debt within the intertemporal budget constraint … in the long run, and in the short run there have been few instances of debt sustainability since the economic crisis of …