sustainability for each of the G-7 countries using two standard primary gap indicators. The estimated fiscal adjustment required to … ensure long-run fiscal sustainability is substantial for all G-7 countries. In particular, ensuring fiscal sustainability … adjustment required to achieve long-run fiscal sustainability in G-7 countries is large, there are significant growth benefits to …

This paper analyzes the impact of Benin's public wage policy on medium and long-term fiscal and debt sustainability … sustainability could be compromised by excessive deficits or by crowding out growth-enhancing public investment. The study shows that … with fiscal policy guided by targets aimed at maintaining debt sustainability, population growth, and the intent to …

This paper presents a practical guide to public debt dynamics, fiscal sustainability, and cyclical adjustment of …

sustainability. This consistency is important within a monetary union because fiscal policy is the primary instrument through which …

This paper proposes a new framework for the analysis of public sector debt sustainability. The framework uses concepts … sustainability analysis which-although it has many useful applications-suffers from the inability to measure risk exposures, default …