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This paper examines the impact of public debt on fiscal balance. This study uses the standard debt equation in a fiscal reaction and impulse response functions framework to assess the trajectory of public debt and its sustainability within the Sub-Sahara region from 1980-2017. From the...
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While containing deficits and public debt at sustainable level is a matter of concern for all the states in India … individual analysis of the issue of fiscal sustainability of a particular state. Assam in northeast India has been experiencing …
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Public debt has become a severe problem for a great many economies. While the effects of tax policies on the allocation of resources are readily derived, the mechanisms that make public deficits and debt influence the economy are not so easily understood. This book elaborates on the effects of...
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