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Inflation Stabilization, Fiscal Deficits and Public Debt Management in Poland
van Wijnbergen, Sweder; Budina, Nina - 1999
sustainability of the low inflation strategy. Suchpolicies are shown to have a direct impact on thesustainability of inflation …
Persistent link: https://www.econbiz.de/10010324428
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On The Sustainability of External Debt: Is Debt Relief Enough?
Prizzon, Annalisa; Vaggi, Gianni - 2009
Elaborating on PAsinetti (1998), the 'Geometry of Debt Sustainability' - GDS - represents a simple analytical tool for … the analysis of the long run sustainability of foreign debt. GDS provides a simple analysis of three aspects of debt … sustainability. It points up how the 'structural' aspect - NICA, the non-interest current account - is closely interlinked with the …
Persistent link: https://www.econbiz.de/10010335276
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Towards expenditure rules and fiscal sanity in the euro area
Hauptmeier, Sebastian; Sanchez Fuentes, Jesus; … - 2010
The study looks at primary expenditure developments in the euro area, its three largest members and four “macro-imbalances” countries for the period 1999-2009. It compares actual expenditure trends with those that would have prevailed if countries had followed neutral policies based on...
Persistent link: https://www.econbiz.de/10011605312
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Debt relief and changing governance structures in developing countries
Freytag, Andreas; Pehnelt, Gernot - 2006
In this paper we empirically discuss the question whether or not debt relief in the past fifteen years has been economically rational. Analysing the determinants of debt relief our results suggest that governance quality did not play a role in the decision of creditor countries to forgive debt...
Persistent link: https://www.econbiz.de/10011790306
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The benefits of fiscal consolidation in uncharted waters
Rother, Philipp; Schuknecht, Ludger; Stark, Jürgen - 2010
This paper looks at fiscal sustainability and fiscal risks from a comprehensive, global perspective. It argues that the …
Persistent link: https://www.econbiz.de/10011606273
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Financing for development: The gap between words and deeds since Monterrey
Nunnenkamp, Peter; Thiele, Rainer - 2011
of donor generosity, aid effectiveness and new means of financing. However, the development orientation of world leaders …
Persistent link: https://www.econbiz.de/10010285494
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Griechenland: Schuldenrückkauf für noch mehr Schulden
Klodt, Henning - In: Wirtschaftsdienst 92 (2012) 12, pp. 790-791
Persistent link: https://www.econbiz.de/10010290846
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Dívida pública e passivo externo: Onde está a ameaça?
Gentil, Denise Lobato; Araúja, Victor Leonardo de - 2012
This work aims to analyze if the trajectory and composition of net and gross, public debt and external liabilities can hinder the growth of Brazilian GDP. The work concludes that fiscal indicators are more comfortable that external indicators. The net public debt is falling and less linked to...
Persistent link: https://www.econbiz.de/10010330718
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Sustainability of Public Debt and Budget Deficit: Panel cointegration analysis for the European Union Member countries
Prohl, Silika; Schneider, Friedrich G. - 2006
In this study, we analyse the sustainability of fiscal policy of EU member countries within the panel cointegration and …
Persistent link: https://www.econbiz.de/10010294496
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Spend-and-tax adjustments and the sustainability of the government's intertemporal budget constraint
Legrenzi, Gabriella Deborah; Milas, Costas - 2010
We apply non-linear error-correction models to the empirical testing of the sustainability of the government …
Persistent link: https://www.econbiz.de/10010266076