system development, sovereign debt vulnerabilities, and ways to sustain progress in reducing inflation by strengthening the …

external shocks, culminated in mid-2008 with the near-exhaustion of foreign reserves and missed payments on public debt …

debt than existing one-period models, and is especially useful for analyzing the soundness of exit strategies from the … model is used to analyze the risk profile and sustainability of Australia's public debt under different policies. …

strengthening fiscal consolidation, lowering the debt ratios, and ensuring the consistency of fiscal policies with the currency …

current phase of the official policy approach is predicated on the assumption that debt sustainability can be achieved through … toolkit of emerging markets, including debt restructurings and conversions, higher inflation, capital controls and other forms … economies, where debt restructuring or conversions, financial Repression, and a tolerance for higher inflation, or a combination …

a balance between reducing public debt and increasing priority expenditure. Progress in structural reform has been …

The paper examines the evolution of public sector debt levels and structures in 12 emerging market countries around the … time of financial crises. In particular, it focuses on whether the debt situation of sovereign borrowers became more … vulnerable in the aftermath of crises. The principal findings are that (i) debt levels tend to increase significantly post …