The objective of the study is to analyze the cyclicality of Fiscal Policy among Institutions (Economic and Political) and governance indicators from 1980-2010 in major South Asian Countries. Fiscal policy is a major source in the hands of the government to achieve higher level of economic...

Problem Statement: Traditionally the analysis of sovereign debt in developing economies has focused on external debt. However, in recent years, several developing countries have adopted aggressive policies to remove the external sovereign debt, replacing it by the country issued debt. This study...