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reduce debt sustainability risks and promote consistent macroeconomic policies. Many envisage a return to fiscal rules that … undermining fiscal sustainability. A risk-based medium-term fiscal framework that combines standards, rules, and strengthened …
Persistent link: https://www.econbiz.de/10015060078
"As the world economy slowly recovers from the very deep and widespread recession of recent years, many countries confront very serious fiscal imbalances. How much time they have to deal with these imbalances is a central question, the salience of which can only have been increased by the...
Persistent link: https://www.econbiz.de/10009425697
As the world economy slowly recovers from the very deep and widespread recession of recent years, many countries confront very serious fiscal imbalances. How much time they have to deal with these imbalances is a central question, the salience of which can only have been increased by the ongoing...
Persistent link: https://www.econbiz.de/10013067011
This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a stochastic simulation … debt sustainability. It recommends integrating such rules into a well-designed fiscal responsibility law and establishing …
Persistent link: https://www.econbiz.de/10012858382
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