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This paper assesses debt sustainability in Guatemala. Debt stability has been achieved at very low expenditure levels …
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(the "fiscal sustainability gap"). …
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specifically on their degree of success, notably in terms of fiscal sustainability. The "need" to consolidate is based on having a … primary balance above or below the debt-stabilizing primary balance (provided by the IMF's Debt Sustainability Analysis) for … each country. We then link the need for and the actual (historical) existence of fiscal adjustments to their sustainability …
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