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apologized and acknowledged a “moral debt” that it owes the Haitian people. But is there a legal debt that Haiti, one of the …
Persistent link: https://www.econbiz.de/10013290746
During the pandemic, public debt in Latin America and the Caribbean rose to more than 70 percent of GDP, and countries … are now attempting to lower debt ratios. We analyze past debt reduction episodes and find inflation and the real interest … rate were the most frequent main drivers, while higher growth, fiscal consolidation and debt restructuring were relatively …
Persistent link: https://www.econbiz.de/10014563995
During the pandemic, public debt in Latin America and the Caribbean rose to more than 70 percent of GDP, and countries … are now attempting to lower debt ratios. We analyze past debt reduction episodes and find inflation and the real interest … rate were the most frequent main drivers, while higher growth, fiscal consolidation and debt restructuring were relatively …
Persistent link: https://www.econbiz.de/10014540585
This paper surveys the recent literature on fiscal sustainability, with particular emphasis on emerging market countries. It discusses the main elements that differentiate emerging market countries from industrial countries and then discusses how probabilistic models can help to evaluate fiscal...
Persistent link: https://www.econbiz.de/10010327194
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crises. In this paper we discuss three concepts widely used in this literature. Two of them original sin' and debt … countries have in servicing and repaying their debts. The debt-intolerance school traces the problem to institutional weaknesses …
Persistent link: https://www.econbiz.de/10012468660
crises. In this paper we discuss three concepts widely used in this literature. Two of them original sin' and debt … countries have in servicing and repaying their debts. The debt-intolerance school traces the problem to institutional weaknesses …
Persistent link: https://www.econbiz.de/10013225038