Academic literature on the topic 'Debt sustainability'

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'Debt sustainability.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Journal articles on the topic "Debt sustainability"

1

Alfaro, Laura, and Fabio Kanczuk. "Undisclosed Debt Sustainability." AEA Papers and Proceedings 112 (May 1, 2022): 521–25. http://dx.doi.org/10.1257/pandp.20221000.

Full text
Abstract:
Over the past decade, non-Paris Club creditors, notably China, have become an important source of financing for low- and middle-income countries. In contrast with typical sovereign debt, these lending arrangements are not public, and other creditors have no information about their magnitude. We transform the traditional sovereign debt and default model to quantitatively study incomplete information arrangements and find that they greatly reduce traditional Paris Club creditors' debt sustainability. Disclosure of nontraditional debt would imply significant welfare gains for the recipient countries but would reduce its sustainability. We discuss the implications of nontraditional lending on standard assumptions of sovereign debt models.
APA, Harvard, Vancouver, ISO, and other styles
2

Martner, Ricardo, and Varinia Tromben. "Public debt sustainability." CEPAL Review 2004, no. 84 (December 23, 2004): 97–113. http://dx.doi.org/10.18356/2f660d06-en.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Zhuravka, Fedir, Hanna Filatova, Oleksandr Podmarov, Khaled Aldiwani, and Fathi Shukairi. "State’s debt sustainability management: case of Ukraine." Public and Municipal Finance 7, no. 4 (January 16, 2019): 1–7. http://dx.doi.org/10.21511/pmf.07(4).2018.01.

Full text
Abstract:
Nowadays one of the relevant problems of economic development of Ukraine is the excessive increasing of the public debt that has a number of negative consequences for the financial system of the country. The article is devoted to the research of state’s debt sustainability concept. Special attention is paid to the development of an effective system of debt sustainability management. The aim of the article is to study the theoretical bases of the state’s debt sustainability, investigate scientific and methodological approaches to its management, analyze the public debt and debt sustainability of Ukraine. In order to achieve that goal, the following scientific methods were used: analysis and generalization, decomposition analysis, comparison and compilation. The authors analyzed the structure of the debt sustainability management system: objects, subjects, key principles, objectives, methods, instruments, etc. The list of key indicators of debt sustainability was substantiated and the authors compared their normative values in Ukraine and in world practice. Besides, the state and structure of public debt and the ratio of government debt to GDP were scrutinized. The obtained results proved the debt crisis deepening in Ukraine.
APA, Harvard, Vancouver, ISO, and other styles
4

Dube, Zenzo Lusaba, and Cynthia Mapfudza. "Debt sustainability in fragile economies: the case of zimbabwe." Journal of Management and Science 10, no. 3 (September 30, 2020): 29–32. http://dx.doi.org/10.26524/jms.10.10.

Full text
Abstract:
Zimbabwe’s efforts to reduce domestic and external debt to lower levels remain futile. It continues to grow. In December 2018 domestic debt stood at 98% of GDP, external debt at 70%. It has accelerated the re-engagement with the World Bank, IMF, AfDB and EIB and bi-lateral creditors. The study sought to analyse the sustainability of the growth in Zimbabwe’s debt. The objectives were namely to identify the key fiscal and macroeconomic variables that influence public debt dynamics in Zimbabwe; assess the effects of unsustainable debt on economic growth and development in Zimbabwe; and to explore strategies of managing debt sustainability. Data was collected through in-depth interviews and questionnaires. The study concluded that Zimbabwe’s debt is not sustainable due to non concessionary debts, limited productivity and weak institutional frameworks. Government should conduct a comprehensive debt audit to determine legitimate and illegitimate public debt, strengthen institutions and regulatory framework.
APA, Harvard, Vancouver, ISO, and other styles
5

Kuncoro, Haryo. "THE SUSTAINABILITY OF STATE BUDGET IN DEBT REPAYMENT." Buletin Ekonomi Moneter dan Perbankan 13, no. 4 (June 28, 2011): 415–34. http://dx.doi.org/10.21098/bemp.v13i4.400.

Full text
Abstract:
This paper is designed to analyze the sustainability of the central government budget in the case of Indonesia over the period of 1999-2009. First, we explore the theoretical background of the fiscal sustainability. Second, we develop a model to capture some factors determining the fiscal sustainability. Unlike the previous studies, we use both domestic debt and foreign debt to assess the fiscal solvency. Finally, we estimate it empirically. Based on the quarterly data analysis, we concluded that the government budget is unsustainable. This is associated with domestic debt rather than foreign debt. They imply that the central government should manage the debts carefully including re-profile, re-schedule, and re-structure them in order to spread the excess burden in the future. Also, the fiscal risks should be calculated comprehensively in order to maintain solvency.Keywords: Domestic debt, Foreign debt, Fiscal sustainability, Primary balanceJEL Clasbsification: E62, H63
APA, Harvard, Vancouver, ISO, and other styles
6

International Monetary Fund. "Kenya: Debt Sustainability Analysis." IMF Staff Country Reports 03, no. 400 (2004): 1. http://dx.doi.org/10.5089/9781451821116.002.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Lukkezen, Jasper, and Hugo Rojas-Romagosa. "Stochastic debt sustainability indicators." Revue de l'OFCE 127, no. 1 (2013): 97. http://dx.doi.org/10.3917/reof.127.0097.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

de Piniés, Jaime. "Debt sustainability and overadjustment." World Development 17, no. 1 (January 1989): 29–43. http://dx.doi.org/10.1016/0305-750x(89)90220-9.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Jude, Okonkwo Jisike, Anachedo Chima Kenneth, Okoye Nonso John, and Ezeaku Chisom. "Sustainability of External Debt on Economic Growth: Econometric Evidence from Nigeria." Global Academic Journal of Economics and Business 4, no. 2 (April 4, 2022): 33–41. http://dx.doi.org/10.36348/gajeb.2022.v04i02.001.

Full text
Abstract:
External debt sustainability includes external debt stock, external debt service and external debt to export ratio while gross domestic product is used as a proxy for economic growth. This study adopted the descriptive ex-post facto research design and the time series data on the variables were gotten from the CBN statistical bulletin (2020) and the Nigerian Bureau of Statistics (2018). The data were analyzed using the Granger Causality Test and the Ordinary Least Square regression analysis. The findings of the study revealed that external debt has positive and significant relationship with economic growth while external debt service and external debt to export ratio both has a negative relationship with economic growth. The results of the Granger Causality test revealed that unidirectional causality (effect) was found flowing from external debt to exports ratio and external debt to economic growth while there was no causality found between external debt service and economic growth in Nigeria. The study recommended that the monetary authorities should ensure that external debt incurred would ultimately result in economic growth by judiciously allocating these debts to sectors that boost output productivity and that external debt policies decisions should be founded on sustainability indicators such as external debt to export ratio, ensuring that debt is maintained below established thresholds.
APA, Harvard, Vancouver, ISO, and other styles
10

Reis, Ricardo. "Debt Revenue and the Sustainability of Public Debt." Journal of Economic Perspectives 36, no. 4 (November 1, 2022): 103–24. http://dx.doi.org/10.1257/jep.36.4.103.

Full text
Abstract:
While public debt has risen in the last two decades, the return that it offers to investors has fallen, especially relative to the return on private investment. This creates a revenue for the government as the supplier of the special services offered by public bonds, which include storage of value, safety, liquidity, and reprieve from repression. The present value of this debt revenue is large relative to the stock of public debt, keeping it sustainable even as the present value of primary balances is zero or negative. It gives rise to different policy tradeoffs than the conventional analysis of primary balances and makes different recommendation on the effects of austerity, the optimal amount of debt, or the spillovers between monetary and fiscal policy.
APA, Harvard, Vancouver, ISO, and other styles
More sources

Dissertations / Theses on the topic "Debt sustainability"

1

Alkan, Feyza. "The Sustainability Analysis Of Turkish Domestic Debt." Master's thesis, METU, 2009. http://etd.lib.metu.edu.tr/upload/2/12611159/index.pdf.

Full text
Abstract:
In this thesis, sustainability of the Turkish domestic debt is analyzed within the &ldquo
sustainability indicators&rdquo
perspective. The fiscal targets of Maastricht Treaty (1992) are imposed on the Turkish fiscal policy and it is investigated whether these targets are the indicators for sustainability in the medium term. Uctum and Wickens&rsquo
(2000) methodology is followed in assessing the sustainability of the current fiscal policy and the efficiency of the Maastricht Treaty (1992) targets. Moreover, the vector auto regression (VAR) approach of Garcia and Rigobon (2004) is utilized in deriving the econometric model for the debt dynamics of Turkey. The results suggest that domestic debt of Turkey has been unsustainable within 1994-2008. Furthermore, the Maastricht Treaty (1992) fiscal targets are binding for Turkey and gaining more significance in the recent years.
APA, Harvard, Vancouver, ISO, and other styles
2

BATTIATI, CLAUDIO. "Essays on fiscal policy and debt sustainability." Doctoral thesis, Università degli Studi di Roma "Tor Vergata", 2015. http://hdl.handle.net/2108/208027.

Full text
Abstract:
The rst chapter develops an endogenous growth model with public debt and publicly nanced infrastructure and human capital accumulation. The government sets the primary surplus as a positive function of the debt-GDP ratio to ensure intertemporal solvency. Conditions for the existence of a unique equilibrium and saddle-path stability are discussed: in a simplied version of the model these are ensured by a strong enough reaction to a debt increase. Dynamics associated with debt-reducing policies and budget-neutral scal reforms in a calibrated economy are described through numerical simulations. Tax-based scal consolidations turn out growth-enhancing in the long run, while spending cuts improve welfare. In general, a trade-o emerges between short and long-run growth, but it is weaker when consolidation is implemented by reducing the debt-GDP target. Reallocating funds from education to infrastructure and increasing the government size may also boost economic growth, but only the former policy change is also welfare improving. The second chapter studies the growth and welfare eects of alternative scal policy reforms in a model calibrated to describe an over-indebted advanced economy. When a debt feedback rule is used, scal consolidations can stimulate long-run growth, and, if based on spending cuts, even improve welfare. Indeed, as the debt stock declines, tax cuts and increases in public spending follow, thus encouraging the agent to spend more time on work and education. On the one side, this restricts the eectiveness of debt-reducing policies, on the other it boosts growth and improves the welfare results. Shifting the tax burden from labor to capital or consumption also has positive eects on long-run growth, but increasing the capital tax rate should be avoided if the government is concerned about containing the debt-GDP ratio or if the goal of the policy-maker is to improve welfare. What constitutes ample scal space or a \safe level of debt" to conduct countercyclical policy while ensuring debt sustainability? The last chapter addresses the question by exploring the relationship between debt dynamics, and the probabilistic distribution of the primary balance and the eective interest rate. Using this approach, we nd that two-thirds of Low-Income Developing Countries (LIDCs) presently have scal policy space to address adverse shocks, subject to the availability of domestic and external nancing. Countries with strong institutional capacity tend to have more scal space: seventy-ve percent of countries with high and medium institutional capacity maintain debt levels below both their \debt sustainability ceiling" and their \safe debt" level estimated in this paper. Countries with strong institutional capacity tend to have more scal space: seventy-ve percent of countries with high and medium institutional capacity maintain debt levels below both their \debt sustainability ceiling" and their \safe debt" level estimated in this paper. Countries with weak institutional capacity, mostly countries in con ict and fragile states, tend to lack scal space.
APA, Harvard, Vancouver, ISO, and other styles
3

Aldama, Pierre. "Essays on fiscal policy and public debt sustainability." Thesis, Paris 1, 2017. http://www.theses.fr/2017PA01E016/document.

Full text
Abstract:
Cette thèse contribue à l'analyse de la soutenabilité de la dette publique et des règles budgétaires en macroéconomie. Elle tire sa motivation des multiples preuves empiriques de l'existence de régimes budgétaires insoutenables durant lesquels le solde primaire ne s’accroît pas suite à un accroissement de la dette publique. Ces régimes insoutenables menacent-ils nécessairement la soutenabilité de la dette publique à long-terme ? Si non, combien de temps la politique budgétaire peut-elle rester périodiquement insoutenable sans être globalement insoutenable ? Le premier chapitre apporte une réponse théorique à cette question et propose un test de type "Model-Based Sustainability" étendu aux changements de régimes (RS-MBS). Nous étudions une règle budgétaire à changement de régime Markovien, dont l'un des régimes est insoutenable, et définissons des conditions suffisantes pour exclure un Jeu de Ponzi et pour garantir la stabilité du ratio dette/PIB à long terme. Le second chapitre propose d'appliquer le test RS-MBS à la politique budgétaire française entre 1962 et 2013. Il montre que la prise en compte des changements de régime peut inverser les résultats empiriques précédents et conclure à la soutenabilité de la dette publique française sur l'ensemble de la période. Le troisième chapitre traite d'un autre cas de régime insoutenable, quand la politique budgétaire est contrainte par sa limite fiscale, et étudie l'effet de la maturité de la dette sur le seuil d'endettement public maximal. Nous montrons que l'allongement de la maturité de la dette n'accroît pas le seuil de défaut stochastique quand le défaut survient à cause de chocs négatifs sur la productivité. Enfin. le quatrième chapitre propose une appréciation critique de l'architecture budgétaire de l'UEM, à partir d'une revue de la littérature traitant de la soutenabilité budgétaire. de l'interaction des politiques monétaires et budgétaires et des règles budgétaires en union monétaire
This thesis contributes to the analysis of public debt sustainability and fiscal rules. It starts from the multiple empirical evidence that points to the existence of unsustainable fiscal regimes during which fiscal policy does not increase its primary surplus following an increase of public debt. Do unsustainable fiscal regimes necessarily threaten the long-run sustainability of public debt? If not, how long can fiscal policy be periodically unsustainable without being globally unsustainable? The first chapter answers theoretically this question and proposes a Regime-Switching Model­Based Sustainability (RS-MBS) test. We study a Markov-switching fiscal policy rule, which displays an unsustainable fiscal regime, and derive sufficient conditions for the No-Ponzi Game condition and for a globally stable public debt-to-GDP ratio. The second chapter proposes an empirical application of the RS-MBS to France's fiscal policy between 1962 and 2013. It shows that taking into account regime switches can overturn former results and conclude that France's public debt has been sustainable overall the period. The third chapter considers another case of unsustainable regime, when fiscal policy is constrained by the fiscal limit, and studies the effect of public debt maturity on the debt limit. We show that longer debt maturities do not increase the stochastic default threshold when sovereign default is triggered by bad productivity shocks. Finally, the fourth chapter proposes a critical appraisal of the fiscal architecture of the EMU, based on a literature survey about fiscal sustainability, monetary-fiscal interactions and fiscal rules in monetary unions
APA, Harvard, Vancouver, ISO, and other styles
4

Ferrarini, Benno. "External debt and macroeconomic vulnerability : a proposal for state-contingent debt contracts to achieve low-income country debt sustainability." Thesis, SOAS, University of London, 2007. http://eprints.soas.ac.uk/28808/.

Full text
Abstract:
We argue that the 'New Debt Sustainability Framework' (DSF), as recently introduced by the Bretton Woods Institutions, is tailored to suit the aid allocation mechanism centred on the Country Policy and Institutional Assessment (CPIA), but fails to take into account low-income countries' economic vulnerability and exposure to exogenous shocks. As a result, the DSF further undermines the effective delivery of aid by the International Development Association (IDA), and fails to support recipient countries in their efforts to achieve lasting debt sustainability. Furthermore, we demonstrate that the findings of the empirical studies underlying the DSF and IDA14 replenishment are not robust to the introduction of vulnerability measures, such as the Economic Vulnerability Indicator (EVI), which undermine the significance of the CPIA in predicting debt distress episodes. In order to overcome the shortcomings of the DSF, we propose the introduction of a Contingency Debt Sustainability Framework (CDSF), which distinguishes between the causes of vulnerability underlying the external debt problem affecting most of the low-income countries. Drawing on the most established strands of sovereign debt and contract theory literature, we argue that state-contingent debt contracts represent the most effective financial instrument to link aid allocation and debt relief to recipient countries' financial requirements, contingent on the state of nature. To implement state-contingent contracts in the specific context of low-income debtor countries, we devise an accounting method by which shock and trend factors in the balance of payments are distinguished by their exogenous or endogenous origin. On the basis of this distinction, the CDSF financially compensates debtor countries for exogenous shock and trend factors, without giving rise to significant moral hazard implications. The CDSF is then simulated for the case of Uganda during the period 1988-2002, demonstrating its effectiveness in dealing with Uganda's severe exposure to price shocks and negative terms of trade.
APA, Harvard, Vancouver, ISO, and other styles
5

Valli, Silvia. "Public debt sustainability and EMU : theory and some evidence." Thesis, University of Warwick, 1999. http://wrap.warwick.ac.uk/48975/.

Full text
Abstract:
The thesis focuses on the interaction between default and inflation risk on public debt bonds. We lighten the trade-off between flexibility to adverse shocks and credibility, in the debt management field, and identify the conditions under which the credibility effect can be dominant. EMU is now fully operating, including most of the European candidates that have been let in under a more relaxed interpretation of the Maasticht Treaty criteria. In particular, the debt criterion originally set at 60% of the GDP, was reinterpreted to require a debtlGDP ratio declining towards the target. As some of the countries have levels of debt above 100% of GDP (Belgium and Italy) and as European Central Bank is committed to price stability, what does giving up inflation imply for post-EMU debt management?
APA, Harvard, Vancouver, ISO, and other styles
6

Jain, Sandeep. "The Effects of Austerity on the Sustainability of the Greek Public Debt." Thesis, KTH, Industriell ekonomi och organisation (Inst.), 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-125595.

Full text
Abstract:
The current Greek debt crisis has forced the Greek government to adopt austerity measures. In this paper, the most favourable debt reduction strategies among all the other strategies, for both Greece and its creditors will be examined. These strategies have been recently suggested in the economic world, to help achieve deficit reduction and enhance the growth rate of Greece. This is very important for the economic world - to avoid the insolvency of Greece and to find the best debt reduction strategy which is favourable for both the parties, so that the Greek public debt-to-GDP ratio can reach a level of sustainability within a reasonable timespan. In an endeavour to answer the research question, a simulation framework has been carried out based on the economic model as given by Cline, (2011). When using this economic model, g has been made endogenous and it is dependent on the extent of austerity. This has been taken into consideration while carrying out the simulation exercises for this paper. Furthermore, three different debt reduction strategies (the lowering of interest rates, debt write-off and increasing the primary surplus) have been implemented, considering the different scenarios of the economy, when executing these simulation exercises. After carrying out the simulation framework, it has been concluded that the further reduction of the interest rate would be the most favorable debt reduction strategy for both Greece and its creditors. This interest rate strategy would not only lower the Greek public debt-to-GDP to a sustainable level within a reasonable time period, but will also keep the growth rate positive in the long run during this period of weak economic recovery.
APA, Harvard, Vancouver, ISO, and other styles
7

Lehasa, Mecha. "Determinants of sovereign borrowing choices in Sub-Saharan Africa." Master's thesis, Faculty of Commerce, 2020. http://hdl.handle.net/11427/33759.

Full text
Abstract:
There is a growing and legitimate concern about sovereign debt increasing to unsustainable levels among the Sub-Saharan African (SSA) countries. Understanding the determinants of external debt to these countries influenced the direction of this study. The existing literature that was examined shed light mostly on the qualitative determinants of sovereign borrowing. In addition to existing empirical literature, there is a complimentary need to examine further the quantitative determinants of external debt. The researcher seeks to establish the extent to which the cost of borrowing (proxied by interest rate) explains the changes in the borrowing behaviour (proxied by external debt) among SSA countries. To achieve this objective, data from 36 SSA countries for the period 2009–2017 was used. The data were collected from International Debt Statistics compiled by the World Bank. External debt has been regressed against interest rate and other predictor variables. Hausman tests, robustness tests and collinearity tests were carried out to ascertain the validity of results. Interest rate is found to have a positive determining impact on external debt for all SSA countries aggregated: SSA countries excluding South Africa (SA); SSA excluding Nigeria; SSA excluding Nigeria and SA; SSA excluding debt-distressed countries, middle income and oilexporting countries. It does not have predictive power over changes in external debt for SSA excluding countries at high risk of distress; countries with low to moderate risk of distress; heavily indebted poor countries (HIPC) initiative post-implementation recipient countries; low income, other resource intensive and non-resource-intensive countries. External debt is also found to respond to changes in: gross national income (GNI); exports-to-imports ratio; primary income on foreign direct investment (FDI); reserves-to-imports ratio; FDI-to-GNI ratio; debt service-to-GNI ratio; interest arrears on long-term debt; short-term-to-total-debt ratio; and reserves-to-debt ratio for different country groupings. Different country groupings are found to have unique combinations of external debt determinants.
APA, Harvard, Vancouver, ISO, and other styles
8

Ng'andwe, Mumbi Tenga. "An econometric assessment of external debt sustainability indicators in Zambia." Master's thesis, University of Cape Town, 2015. http://hdl.handle.net/11427/29035.

Full text
Abstract:
Given inadequate domestic resources, as well as political and social pressures for development projects, Zambia will tend to run high budget deficits, and become very dependent on external debt. Thus debt sustainability becomes a major policy goal. This study investigated the significant macroeconomic factors that can influence external debt sustainability. These are GDP growth; Government revenues; exports; public expenditure; interest rate and exchange rate. The study employed simple Ordinary Least Squares (OLS) as well as a Vector Auto Regression (VAR) to capture dynamic relationships. The results revealed that exports and interest rates were positively related to sustainability. Revenues, GDP growth and Exchange rate were inversely related to debt sustainability. The total expenditure to GDP was inversely related to sustainability while current expenditure was positively related to sustainability probably due to prudent use of current expenditure on economic factors that stimulated growth. Capital expenditure was not significant to sustainability which may reflect the poor attention paid to infrastructure development in Zambia. The impulse response of the solvency indicator to revenue, GDP growth and total expenditure/GDP were generally negative over a ten year period. The policy implication is that in order to keep the debt sustainable, the debt resources must be used to maximise GDP growth and enhance public revenue. The impulse responses from exchange rate and interest rates to shocks on the solvency indicator were positive. The impulse response of SI from impulses in exports was negative. These are factors that are not completely in the control of the Government. The policy implication in contracting international debt is that Government should go for the lowest possible interest rate. Government should do its best to develop credible export promotion policies that can directly impact on the SI and also help to stabilize the exchange rate.
APA, Harvard, Vancouver, ISO, and other styles
9

Tiftik, Mehmet Emre. "Assessing Domestic Debt Sustainability Of Turkey With A Risk Management Approach." Master's thesis, METU, 2006. http://etd.lib.metu.edu.tr/upload/3/12607632/index.pdf.

Full text
Abstract:
This thesis analyzes the debt dynamics of Turkey and assesses the sustainability of fisscal policy. The assessment of fiscal policy follows the methodology of Garcia and Rigobon (2004). This approach focuses on the concept of debt sustainability from a risk management perspective and incorporates the effects of stochastic shocks to the economy in its assessment. The results suggest that a continuation of the present fiscal stances will lead to a fiscal unsustainability in Turkey. Furthermore, the results indicate that the properties of the debt dynamics are closely related to the spreads on both dollar denominated debt and YTL denominated debt. This thesis also provides an application of two traditional methodologies, such as Wilcox'
s (1989) methodology and Uctum and Wicken'
s (2000) methodology in order to assess the fiscal sustainability of Turkey.
APA, Harvard, Vancouver, ISO, and other styles
10

Fincke, Bettina [Verfasser]. "Public debt sustainability : from roots to regressions [[Elektronische Ressource]] / Bettina Fincke." Bielefeld : Universitätsbibliothek Bielefeld, 2012. http://d-nb.info/1036111601/34.

Full text
APA, Harvard, Vancouver, ISO, and other styles
More sources

Books on the topic "Debt sustainability"

1

Drudi, Francesco. Signalling debt sustainability. London: Centre for Economic Policy Research, 1993.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
2

Cohen, Daniel. The Sustainability of African debt. Washington, DC: World Bank, International Economics Department, International Finance Division, 1996.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
3

Reinhard, Neck, and Sturm Jan-Egbert 1969-, eds. Sustainability of public debt. Cambridge, Mass: MIT Press, 2008.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
4

Reinhard, Neck, and Sturm Jan-Egbert 1969-, eds. Sustainability of public debt. Cambridge, Mass: MIT Press, 2008.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
5

Islam, Md Ezazul. Public debt management and debt sustainability in Bangladesh. Dhaka: Policy Analysis Unit, Dept. of Research, Bangladesh Bank, 2006.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
6

Edwards, Sebastian. Debt relief and fiscal sustainability. Cambridge, MA: National Bureau of Economic Research, 2002.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
7

Caporale, Guglielmo Maria. Debt sustainability and monetary union. London: National Instituteof Economic and Social Research, 1993.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
8

Alamgir, Mohiuddin. Nepal public debt sustainability analysis. Kathmandu, Nepal: Asian Development Bank, Nepal Resident Mission, 2005.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
9

Ghana's debt profile and sustainability. Osu, Accra, Ghana: The Institute of Economic Affairs (IEA), Ghana, 2012.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
10

Doi, Takerō. Sustainability, debt management, and public debt policy in Japan. Cambridge, Mass: National Bureau of Economic Research, 2006.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
More sources

Book chapters on the topic "Debt sustainability"

1

Chorafas, Dimitris N. "Debt Sustainability." In Financial Cycles, 109–30. New York: Palgrave Macmillan US, 2015. http://dx.doi.org/10.1057/9781137497987_6.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Monogios, Yannis A., and Panagiotis G. Korliras. "Debt Sustainability Revisited." In The Euro Crisis, 79–118. London: Palgrave Macmillan UK, 2012. http://dx.doi.org/10.1057/9780230393547_3.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Cash, Daniel. "A Modern History of Debt Treatment for African Countries." In Sovereign Debt Sustainability, 9–40. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003261223-2.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Cash, Daniel. "Resolving the Credit Rating Impasse." In Sovereign Debt Sustainability, 87–101. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003261223-5.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Cash, Daniel. "The Future for Africa." In Sovereign Debt Sustainability, 120–40. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003261223-7.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Cash, Daniel. "Conclusion." In Sovereign Debt Sustainability, 141–43. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003261223-8.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Cash, Daniel. "Introduction." In Sovereign Debt Sustainability, 1–8. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003261223-1.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Cash, Daniel. "The Impact of the COVID-19 Pandemic." In Sovereign Debt Sustainability, 41–53. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003261223-3.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Cash, Daniel. "The DSSI, the Common Framework, and the Credit Rating Impasse." In Sovereign Debt Sustainability, 54–86. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003261223-4.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Cash, Daniel. "Resolving the Credit Rating Impasse." In Sovereign Debt Sustainability, 102–19. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003261223-6.

Full text
APA, Harvard, Vancouver, ISO, and other styles

Conference papers on the topic "Debt sustainability"

1

Ojameruaye, Bendra, Rami Bahsoon, and Leticia Duboc. "Sustainability debt." In ICSE '16: 38th International Conference on Software Engineering. New York, NY, USA: ACM, 2016. http://dx.doi.org/10.1145/2889160.2889218.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Ganiev, Junus, and Damira Baigonushova. "External Debt Sustainability in the Eurasian Economic Union Countries." In International Conference on Eurasian Economies. Eurasian Economists Association, 2020. http://dx.doi.org/10.36880/c12.02383.

Full text
Abstract:
After the global financial crisis, there have been serious increases in state debt of most countries. In addition, the debts for economic development are constantly increasing in the Eurasian Economic Union countries. As a result, the sustainability problem of government debt arises. In some countries, such as Kyrgyzstan, a significant portion of government debt is taken from a single country. This situation increases the risk even more. The aim of the study is to analyze the sustainability of state debts comparatively in the countries of the Eurasian Economic Union. To this end, the current state of government and total external debt were analyzed in light of various sustainability rates. The ratio of government debt and debt service to variables such as Gross Domestic Product and export was determined and compared. ADF and PP unit root tests and quarterly data for the period 2008-2019 was used to determine the stability of external debt. According to the empirical results, it is showed that the external debt is unsustainable in EAEU countries. Therefore, they need to implement rational policies on external debt management, in both the public and private sectors.
APA, Harvard, Vancouver, ISO, and other styles
3

Miakota, Roman, and Maria Tarasenko. "STATISTICAL MONITORING MODELS OF DEBT SUSTAINABILITY." In 2nd International Conference on Relationship between public administration and business entities management. Scientific Center of Innovative Researches OÜ, 2022. http://dx.doi.org/10.36690/rpabm-2022-132.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Egeli, Haluk, and Pınar Egeli. "The Sustainability of External Debts for Turkic Countries." In International Conference on Eurasian Economies. Eurasian Economists Association, 2015. http://dx.doi.org/10.36880/c06.01379.

Full text
Abstract:
Resources provided from one country to another country fulfills the function of closing the gap for currency and savings for the country acquiring these resources. Regarding the current position of emerging countries, these two concepts take important place for their development efforts. In this paper, developments in Turkic Countries are analyzed to put forth their external debts' sustainability for the transition period. The model is constructed by using variables with inter temporal budgetary constraints approach. Inter temporal budgetary constraint approach take into consideration external debt as well as interest rates in international financial markets. Panel data techniques are used for empirical analysis and based on the empirical findings for above mentioned countries, comments are made for their liquidity constraints and the sustainability of their external debts.
APA, Harvard, Vancouver, ISO, and other styles
5

APETRI, Anisoara Niculina. "Analysis of Public Debt Sustainability in EU Countries." In The 14th Economic International Conference: Strategies and Development Policies of Territories: International, Country, Region, City, Location Challenges, May 10-11, 2018, Stefan cel Mare University of Suceava, Romania. LUMEN Publishing House, 2018. http://dx.doi.org/10.18662/lumproc.82.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Rahman, Yozi, Dwi Rahmayani, and Bayu Hapsoro. "Debt Sustainability Measurement Model in Indonesia using Fiscal Diagnostics." In Proceedings of the 4th International Conference on Economics, Business and Economic Education Science, ICE-BEES 2021, 27-28 July 2021, Semarang, Indonesia. EAI, 2022. http://dx.doi.org/10.4108/eai.27-7-2021.2316847.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Moiseev, V. V., V. F. Nitsevich, Zh N. Avilova, and O. A. Sudorgin. "Problems of Russian Economic Sustainability in Conditions of Debt Economy." In Proceedings of the International conference "Economy in the modern world" (ICEMW 2018). Paris, France: Atlantis Press, 2018. http://dx.doi.org/10.2991/icemw-18.2018.25.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Feng, Shuo, and Xiao-Feng Hui. "Study on Sustainability of American Double Gaps and its External Debt." In 2014 International Conference on Management Science and Management Innovation (MSMI 2014). Paris, France: Atlantis Press, 2014. http://dx.doi.org/10.2991/msmi-14.2014.61.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Gao, Ying-hui. "Study on evaluation system of government debt sustainability of resource-exhausting regions." In 2014 International Conference on Management Science and Engineering (ICMSE). IEEE, 2014. http://dx.doi.org/10.1109/icmse.2014.6930490.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Munir, Qaiser, Sook Ching Kok, and Winnie Abdulnasir. "PUBLIC DEBT SUSTAINABILITY AND ECONOMIC GROWTH IN MALAYSIA: THRESHOLD AND CAUSALITY ANALYSIS." In 26th and the 27th International Academic Conference (Istanbul, Prague). International Institute of Social and Economic Sciences, 2016. http://dx.doi.org/10.20472/iac.2016.027.031.

Full text
APA, Harvard, Vancouver, ISO, and other styles

Reports on the topic "Debt sustainability"

1

Alfaro, Laura, and Fabio Kanczuk. Undisclosed Debt Sustainability. Cambridge, MA: National Bureau of Economic Research, October 2019. http://dx.doi.org/10.3386/w26347.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Edwards, Sebastian. Debt Relief and Fiscal Sustainability. Cambridge, MA: National Bureau of Economic Research, May 2002. http://dx.doi.org/10.3386/w8939.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Doi, Takero, Toshihiro Ihori, and Kiyoshi Mitsui. Sustainability, Debt Management, and Public Debt Policy in Japan. Cambridge, MA: National Bureau of Economic Research, July 2006. http://dx.doi.org/10.3386/w12357.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Blanchard, Olivier, and Mitali Das. A New Index of Debt Sustainability. Cambridge, MA: National Bureau of Economic Research, November 2017. http://dx.doi.org/10.3386/w24068.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Gluzmann, Pablo, Martin Guzman, and Joseph Stiglitz. An Analysis of Puerto Rico's Debt Relief Needs to Restore Debt Sustainability. Cambridge, MA: National Bureau of Economic Research, November 2018. http://dx.doi.org/10.3386/w25256.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Doi, Takero, Takeo Hoshi, and Tatsuyoshi Okimoto. Japanese Government Debt and Sustainability of Fiscal Policy. Cambridge, MA: National Bureau of Economic Research, August 2011. http://dx.doi.org/10.3386/w17305.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Catalán-Herrera, Juan Carlos. Debt Sustainability in Guatemala: Institutional Arrangement and Quantitative Analysis. Inter-American Development Bank, September 2020. http://dx.doi.org/10.18235/0002648.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Arbeláez, María Angélica, Miguel Benítez, Roberto Steiner, and Oscar Valencia. A Fiscal Rule to Achieve Debt Sustainability in Colombia. Inter-American Development Bank, February 2021. http://dx.doi.org/10.18235/0003048.

Full text
Abstract:
In order to enhance fiscal sustainability and regain “investment grade” credit rating, in 2011 Colombia implemented a fiscal rule (FR) on the Central Government's structural balance. Investment grade was rapidly attained, and FR targets were complied with, until 2019. Using the Synthetic Control Method, we provide evidence that the FR promoted fiscal discipline. Nevertheless, public debt has increased continuously and is now expected to exceed 60 percent of GDP, in large part driven by the pandemic. We argue that the FR should be reformed so as to incorporate a debt anchor. Using a regime change model and the IMFs buffer risk methodology, we show that the prudent debt level should not exceed 48 percent of GDP and that in order to achieve this in the medium term, a policy mix increasing revenues to 17.8 percent of GDP (from 15.5 percent during 2016-2019) and reducing primary expenditure to 15 percent (from 16 percent during 2016-2019) is required. FR's performance would also benefit from changes in its institutional design.
APA, Harvard, Vancouver, ISO, and other styles
9

Allado, Armin Paul, Lance Nicklaus Lim, Neri Angelie Tulauan, Marvin Kyle Abreu, Patricia Louise Agabin, and Jaoquin Charles Regio. Construction of an Index Tracker for Debt Sustainability Assessment in the Philippines. Asian Development Bank Institute, October 2022. http://dx.doi.org/10.56506/lpbc3497.

Full text
Abstract:
With economies around the world facing more dire challenges as an immediate result of the COVID-19 pandemic, the need for national governments to borrow funds has grown. The abrupt increase in debt level highlights the importance of implementing suitable models to project emerging debt scenarios and assess debt sustainability. Given that sustainable debt levels vary from country to country, we applied the IMF’s Debt Sustainability Analysis to assess the Philippines’ debt burden over time to be used as an input in the construction of a debt index tracker that incorporates other relevant fiscal and economic indicators. The index tracker serves as an aggregate barometer on whether debt levels have breached the sustainable threshold level. Furthermore, we will utilize the debt tracker to show the implicit debt ceiling and the available fiscal policy room that can respond to the next potential shock.
APA, Harvard, Vancouver, ISO, and other styles
10

Ghosh, Atish, Jun Kim, Enrique Mendoza, Jonathan Ostry, and Mahvash Qureshi. Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies. Cambridge, MA: National Bureau of Economic Research, February 2011. http://dx.doi.org/10.3386/w16782.

Full text
APA, Harvard, Vancouver, ISO, and other styles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!

To the bibliography