This paper provides a new perspective of fiscal sustainability and financial globalization in emerging and industrial … countries. We highlight the importance of global capital market shocks for fiscal sustainability, a relationship which has …

of advanced countries prove the fiscal sustainability while social spending rising? We conducted panel cointegration … tests on OECD countries dataset during 1995~2014. Having done the cointegration tests on Canada, France, Germany …, Netherlands, and Norway, with their individual time-series data, the fiscal sustainability of social spending is shown to maintain …

The paper assesses the sustainability of fiscal policy in Jamaica alongside a large public debt stock, albeit falling … debt stock. Fiscal reaction functions are used to assess fiscal sustainability via an OLS, VAR, GMM and VECM models while … the vulnerability of the public debt stock is evaluated using the IMF debt sustainability analysis (DSA) framework through …

growth of its debt-GDP ratio close to its sustainability level over a long period, Japan has slipped away towards non-sustainability …. This is due to the behaviour of primary balance to GDP ratio. The estimated debt sustainability thresholds are 62.0% for … Germany and 176.0% of GDP for Japan. In the post Covid years, Germany would converge back to its debt sustainability level …

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 …