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In this paper, I demonstrate that an indicator which is commonly used to assess the long-term fiscal sustainability of … than the growth rate of GDP. I illustrate this finding based on simulations prepared for the Fifth Sustainability Report …-interest environment and the assumption that relevant interest rates continue to be low if there are substantial challenges for fiscal …
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the efforts to ensure sustainability but also to the relatively large budget deficit. Fiscal sustainability is assessed on …The paper by Pattnaik, Prakash and Swarup Misra evaluates the sustainability of fiscal policy in India. It reviews the … literature on fiscal sustainability highlighting the specific Indian contributions. It evaluates the Indian experience with …
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