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The Challenges of Fiscal Consolidation and Debt Reduction in the Caribbean1

The Challenges of Fiscal Consolidation and Debt Reduction in the Caribbean1 »

Source: The Challenges of Fiscal Consolidation and Debt Reduction in the Caribbean

Volume/Issue: 2012/276

Series: IMF Working Papers

Author(s): Charles Amo Yartey , Machiko Narita , Garth Peron Nicholls , and Joel Chiedu Okwuokei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 November 2012

ISBN: 9781557754967

Keywords: public debt, fiscal consolidation efforts, fiscal performance, fiscal adjustment, Forecasts of Budgets, Deficits, and Debt,

This paper examines debt dynamics in the Caribbean and discusses policy options for reducing the high debt levels. Based on empirical studies of factors underlying global large debt reduction episodes, important po...

Public Debt Targeting An Application to the Caribbean

Public Debt Targeting An Application to the Caribbean »

Source: Public Debt Targeting An Application to the Caribbean

Volume/Issue: 2011/203

Series: IMF Working Papers

Author(s): Alejandro Guerson , and Giovanni Melina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

ISBN: 9781463902148

Keywords: Procyclical spending, public debt sustainability, public debt, primary expenditure, debt accumulation, debt sustainability, International Lending and Debt Problems, International Finance Forecasting and Simulation, National Budget, Deficit

This paper proposes a fiscal policy framework we call Public Debt Targeting. The framework seeks to smooth primary spending over the business cycle while remaining consistent with public debt sustainability. Under...

The Challenges of Fiscal Consolidation and Debt Reduction in the Caribbean

The Challenges of Fiscal Consolidation and Debt Reduction in the Caribbean »

Volume/Issue: 2012/276

Series: IMF Working Papers

Author(s): Charles Amo Yartey , Machiko Narita , Garth Peron Nicholls , and Joel Chiedu Okwuokei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 November 2012

DOI: http://dx.doi.org/10.5089/9781557754967.001

ISBN: 9781557754967

Keywords: public debt, fiscal consolidation efforts, fiscal performance, fiscal adjustment, Forecasts of Budgets, Deficits, and Debt,

This paper examines debt dynamics in the Caribbean and discusses policy options for reducing the high debt levels. Based on empirical studies of factors underlying global large debt reduction episodes, important po...

Public Debt Targeting An Application to the Caribbean

Public Debt Targeting An Application to the Caribbean »

Volume/Issue: 2011/203

Series: IMF Working Papers

Author(s): Alejandro Guerson , and Giovanni Melina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

DOI: http://dx.doi.org/10.5089/9781463902148.001

ISBN: 9781463902148

Keywords: Procyclical spending, public debt sustainability, public debt, primary expenditure, debt accumulation, debt sustainability, International Lending and Debt Problems, International Finance Forecasting and Simulation, National Budget, Deficit

This paper proposes a fiscal policy framework we call Public Debt Targeting. The framework seeks to smooth primary spending over the business cycle while remaining consistent with public debt sustainability. Under...