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Whether fiscal policy is sustainable depends on a government's future revenue and expenditure streams, both of which are highly uncertain. In commodity-rich countries, this problem is intensified by unpredictable and volatile commodity prices. We show how spending rules for oil income and...
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gauging their fiscal vulnerability and sustainability from the angle of managing exhaustible oil wealth, we focus on the non …
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gauging their fiscal vulnerability and sustainability from the angle of managing exhaustible oil wea …
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gauging their fiscal vulnerability and sustainability from the angle of managing exhaustible oil wealth, we focus on the non …
Persistent link: https://www.econbiz.de/10014402467
Assessing the sustainability of a given fiscal policy is especially important for countries that depend on income from … a misleading view of policy sustainability. This paper argues that for countries in which a significant proportion of … government revenue is derived from the exploitation of an exhaustible natural resource, fiscal policy sustainability can best be …
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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 …
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