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sustainability outcomes? We approach this question by looking at the evolution of fiscal sustainability in Poland, which is an … fiscal sustainability in Poland has significantly improved in the post-crisis period of 2009-2017: we detect both improvement … of the fiscal sustainability parameters and structural breaks in the fiscal outcomes after the crisis. Namely, in …
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This paper investigates the dynamic impact of natural resource discoveries on government debt sustainability. We use a … presource curse', id est, natural resources can jeopardize fiscal sustainability even before 'the first drop of oil is pumped …
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-step approach to assess the impact of fiscal and external sustainability on sovereign risk dynamics for a panel of 27 European … sustainability, through the cointegration between government revenues and expenditures, and of external sustainability, derived from …. Noticeably, we show that an improvement of both fiscal and external sustainability lead to a reduction in sovereign risk. This …
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