Intro -- Table of Contents -- Acknowledgments -- The View from Washington: Six Democrats and Six Republicans Talk About Debt -- Chapter 1: What Are Deficits and Debt, and Why Are They Growing? -- Chapter 2: Balancing and Unbalancing Our Budget: A History of Government Debt in the United States...

The paper assesses the United Kingdom''s golden rule and debt rule against ""ideal characteristics"" of fiscal rules. It concludes that they are clearly defined; transparent in institutional arrangements and measurement; adequate to ensure sustainability; and strike a good balance between...

The Executive Board of the IMF has completed the fifth review of Angola’s economic performance under a program supported by the Stand-By Arrangement. The Board’s decision enables the immediate disbursement of an amount equal to SDR 85.9 million, bringing total disbursements under...

The increased access of African countries to international capital markets has put public debt sustainability once again high on the continentś policy agenda. Utilizing the "stabilizing primary balance" approach, we find that the primary balances exceeded those required to keep public debt at...