This paper examines the impact of public sector borrowings on prices, interest rates, and output in Nigeria. It utilized a Vector Autoregressive framework, the Granger causality test, impulse response, and variance decomposition of the various innovations to study the impact. It found that shock...

The fiscal policy response to the COVID-19 shock in most LAC countries was much larger than during the GFC, suggesting fiscal space was not as tight as expected. We argue that it is feasible and desirable, though not without risks, to embark in a more gradual consolidation path than currently...

This paper aims to analyse and assess the impact of the COVID pandemic effect on the public debt sustainability level in Poland. We put the following research hypothesis in our study: the pandemic period disallowed the production of primary fiscal surpluses and increased the level of fiscal...