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Africa: out of debt, into fiscal space? : dynamic fiscal impact of the debt relief initiatives on African Heavily Indebted Poor Countries (HIPCs)

Cassimon, Danny; Van Campenhout, Bjorn; Ferry, Marin; … - In: International economics : a journal published by CEPII … 144 (2015), pp. 29-52

Persistent link: https://www.econbiz.de/10011525390

Debt, debt sustainability and economic growth in Ghana

Forson, Cassiel Ato Baah - In: West African journal of monetary and economic integration 19 (2019) 1, pp. 74-101

The purpose of the study is to test for debt sustainability as well as assess the impact of public debt on economic … suggested by Bohn (1998) to test for the sustainability of Ghana's debt. The neoclassical growth model was used to determine the … relationship between debt and economic growth after controlling for other determinants of growth such as labour, capital, trade …

Persistent link: https://www.econbiz.de/10013348432

Sovereign debt sustainability and central bank credibility

Willems, Tim; Zettelmeyer, Jeromin - 2022

This article surveys the literature on sovereign debt sustainability from its origins in the mid-1980s to the present …, focusing on four debates. First, the shift from an "accounting based" view of debt sustainability, evaluated using government … relationship between primary balances to debt. Third, debt sustainability in the presence of rollover risk. And fourth, whether …

Persistent link: https://www.econbiz.de/10013170526

Sovereign debt sustainability and central bank credibility

Willems, Tim; Zettelmeyer, Jeromin - In: Annual review of financial economics 14 (2022), pp. 75-93

Persistent link: https://www.econbiz.de/10013461088

Sovereign debt sustainability and central bank credibility

Willems, Tim; Zettelmeyer, Jeromin - 2021

Persistent link: https://www.econbiz.de/10013188253

Papua New Guinea : request for a staff-monitored program; and staff report

Internationaler Währungsfonds - 2022

Papua New Guinea (PNG) is a fragile state, vulnerable to recurrent shocks. A third wave of the COVID-19 pandemic is straining the healthcare system. Widespread vaccine hesitancy has contributed to very low uptake of the vaccines with about only 2 percent of the population fully vaccinated. Real...