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importance of assessing fiscal pol-icy consolidations aimed at ensuring debt sustainability and responses to global shocks using …
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Fiscal rules are a frequent policy measure to restrict deficit-taking among incumbent politicians. In times of increased and sustained investment needs to mitigate the consequences of climate change, and to promote the digital and structural transformation, fiscal rules have become subject to...
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changes in a country’s terms of trade. An alternative indicator of fiscal sustainability is derived, and the principal factors … determining sustainability are identified. The results of the analysis are applied to Venezuela and Kuwait …
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