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In the analysis of public and external debt sustainability the National Bank of the Republic of Macedonia is actively … using the IMF's Debt Sustainability Analysis (DSA) framework. The aim of our analysis is to improve the analytical power of … determine public and external debt dynamics, within the IMF's standard debt sustainability framework. VAR estimation is used in …
Persistent link: https://www.econbiz.de/10011623508
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debt sustainability over the next decade, taking into account alternative recovery scenarios and associated fiscal … persistent economic effects of the pandemic, risks to the Dutch fiscal and debt sustainability would remain contained …
Persistent link: https://www.econbiz.de/10012485963
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This paper develops a framework to decompose the change in New Zealand's public debt ratio into four component effects: the primary balance, real GDP growth, real interest rates, and exchange rates. We study New Zealand's debt dynamics over three periods: the decade after the Global Financial...
Persistent link: https://www.econbiz.de/10012055519
reaction and impulse response functions framework to assess the trajectory of public debt and its sustainability within the Sub … sustainability. …
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Persistent link: https://www.econbiz.de/10010404676
We investigate the empirical foundations of the New Debt Sustainability Framework (NDSF), which was recently endorsed … by the IMF and the World Bank in support of low income countries' (LICs) debt sustainability. Our empirical re …-specific circumstances which truly matter for the achievement of debt sustainability …
Persistent link: https://www.econbiz.de/10013064197
Fiscal sustainability is an issue of worldwide concern, but it rings particularly true in the case of Pakistan … consequences of an ever-growing dependency on external borrowings that undermine long-term economic autonomy and sustainability …
Persistent link: https://www.econbiz.de/10012868192