The past decades could be described as one of structural adjustment. There are many definitions and interpretations of this term. Generally, one of the main objectives of restructuring is to adjust institutions and organizations to the rapidly changing global economic political and social...

This paper proposes a framework for assessing fiscal sustainability in heavily indebted countries dependent on exhaustible resources, with reference to Gabon. It finds that fiscal sustainability could be achieved by: (i) developing a fiscal rule for the non-oil primary fiscal balance compatible...