We assess the time varying features of fiscal sustainability in the euro area via revisiting the empirical relationship … shows that the 2008-2009 global economic and financial crisis exerted a sizeable negative impact on fiscal sustainability …; iv) expenditure-based fiscal rules are strong determinants of fiscal sustainability. All in all, we found some evidence …

Fiscal sustainability remains a paramount challenge for small economies with high debt and greater vulnerability to … climate change. This paper applies the model-based sustainability test for fiscal policy in a panel of 16 Caribbean countries … fiscal policy response is not adequate to ensure sustainability at higher levels of debt. We also find that the fiscal stance …

deficits and public debt). We address the sustainability of public finances in Portuguese-speaking African countries (PALOP … the sustainability of their corresponding fiscal positions, leading these economies to be set on unsustainable public …

threaten macroeconomic stability as well as fiscal sustainability and intergenerational equity. This paper provides an … assessment of the cyclically adjusted fiscal stance, analyzes fiscal sustainability according the permanent income framework, and …

We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF … sustainability is an issue in most countries, with a below unit estimated coefficient of expenditure in the cointegration relation …

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 …

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 …

This study focuses on examining the relationship between fiscal and debt sustainability indicators in EU Member States … Commission. The relationship between fiscal sustainability and the numerical fiscal rules applied at national and supranational … States of the European Union for the period 2015 - 2019 is traced. The main challenges to fiscal sustainability in the …

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 …