6 A Framework for Fiscal Debt Sustainability Analysis in Low-Income Countries
Author:
Emanuele Baldacci
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Language:
English
Print Publication Date:
17 Sep 2004
Keywords:
BOOK; country; user payment; per capita income; francophone country; recipient country; exchange rate; hazard function; Health care spending; Africa; Western Hemisphere; Sub-Saharan Africa; Global; Asia and Pacific; foreign currency; short-term debt; long-term debt; debt-creating flow; debt statistics; Fiscal stance; Debt sustainability; Debt sustainability analysis; Stress testing; debt stabilization

Abstract

Assessing fiscal debt sustainability is an important element of fiscal policy analysis. It aids in evaluating the appropriateness of a country’s macroeconomic policies in both the short and long run by helping to determine whether current and future fiscal policies are sustainable or whether a period of fiscal adjustment is needed.

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Cover Helping Countries Develop
Helping Countries Develop
The Role of Fiscal Policy
ISBN:
9781589063181
Publication Date:
17 Sep 2004
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589063181.071
Pages:
540
Front Matter
1 Fiscal Policy for Economic Development: An Overview
I Macroeconomic Policy in Developing Countries
II Public Spending and the Millennium Development Goals
III Revenues and Growth
IV. Fiscal Policy and Aid
V. Special Topics

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