Empirical Assessment of Sustainability and Feasibility of Government Debt PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Empirical Assessment of Sustainability and Feasibility of Government Debt PDF full book. Access full book title Empirical Assessment of Sustainability and Feasibility of Government Debt by Duo Qin. Download full books in PDF and EPUB format.

Empirical Assessment of Sustainability and Feasibility of Government Debt

Empirical Assessment of Sustainability and Feasibility of Government Debt PDF Author: Duo Qin
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 46

Book Description


Empirical Assessment of Sustainability and Feasibility of Government Debt

Empirical Assessment of Sustainability and Feasibility of Government Debt PDF Author: Duo Qin
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 46

Book Description


Debt Sustainability, Public Investment, and Natural Resources in Developing Countries

Debt Sustainability, Public Investment, and Natural Resources in Developing Countries PDF Author: Mr.Giovanni Melina
Publisher: International Monetary Fund
ISBN: 1475521073
Category : Business & Economics
Languages : en
Pages : 77

Book Description
This paper presents the DIGNAR (Debt, Investment, Growth, and Natural Resources) model, which can be used to analyze the debt sustainability and macroeconomic effects of public investment plans in resource-abundant developing countries. DIGNAR is a dynamic, stochastic model of a small open economy. It has two types of households, including poor households with no access to financial markets, and features traded and nontraded sectors as well as a natural resource sector. Public capital enters production technologies, while public investment is subject to inefficiencies and absorptive capacity constraints. The government has access to different types of debt (concessional, domestic and external commercial) and a resource fund, which can be used to finance public investment plans. The resource fund can also serve as a buffer to absorb fiscal balances for given projections of resource revenues and public investment plans. When the fund is drawn down to its minimal value, a combination of external and domestic borrowing can be used to cover the fiscal gap in the short to medium run. Fiscal adjustments through tax rates and government non-capital expenditures—which may be constrained by ceilings and floors, respectively—are then triggered to maintain debt sustainability. The paper illustrates how the model can be particularly useful to assess debt sustainability in countries that borrow against future resource revenues to scale up public investment.

Fiscal Sustainability in Theory and Practice

Fiscal Sustainability in Theory and Practice PDF Author: Craig Burnside
Publisher: World Bank Publications
ISBN: 9780821358740
Category : Business & Economics
Languages : en
Pages : 312

Book Description
Topics discussed in this publication include: an introduction to theoretical and practical aspects of fiscal sustainability; theoretical prerequisites for fiscal sustainability analysis; debt indicators in the measurement of vulnerability; cyclical adjustment of budget surplus; pro-cyclical fiscal policy using Mexico's fiscal accounts as a case study; fiscal rules and the experience of Chile; currency crises and models for deal with financing costs.

Sovereign Debt

Sovereign Debt PDF Author: S. Ali Abbas
Publisher: Oxford University Press
ISBN: 0192591398
Category : Business & Economics
Languages : en
Pages : 288

Book Description
The last time global sovereign debt reached the level seen today was at the end of the Second World War, and this shaped a generation of economic policymaking. International institutions were transformed, country policies were often draconian and distortive, and many crises ensued. By the early 1970s, when debt fell back to pre-war levels, the world was radically different. It is likely that changes of a similar magnitude -for better and for worse - will play out over coming decades. Sovereign Debt: A Guide for Economists and Practitioners is an attempt to build some structure around the issues of sovereign debt to help guide economists, practitioners and policymakers through this complicated, but not intractable, subject. Sovereign Debt brings together some of the world's leading researchers and specialists in sovereign debt to cover a range of sub-disciplines within this vast topic. It explores debt management with debt sustainability; debt reduction policies with crisis prevention policies; and the history with the conjuncture. It is a foundation text for all those interested in sovereign debt, with a particular focus real world examples and issues.

Improving the Relevance and Feasibility of Agriculture and Rural Development Operations

Improving the Relevance and Feasibility of Agriculture and Rural Development Operations PDF Author: Richard Bolt
Publisher:
ISBN:
Category : Agricultural development projects
Languages : en
Pages : 50

Book Description


Debt Management Analysis of Nepal's Public Debt

Debt Management Analysis of Nepal's Public Debt PDF Author: Sungsup Ra
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 48

Book Description


Beyond Liquidity

Beyond Liquidity PDF Author: Donghyun Park
Publisher:
ISBN:
Category : Bank reserves
Languages : en
Pages : 66

Book Description


Assessing the Use of Project Distribution and Poverty Impact Analyses at the Asian Development Bank

Assessing the Use of Project Distribution and Poverty Impact Analyses at the Asian Development Bank PDF Author: Franklin D. De Guzman
Publisher:
ISBN:
Category : Banks and banking, International
Languages : en
Pages : 40

Book Description


Public Debt Sustainability Under Uncertainty

Public Debt Sustainability Under Uncertainty PDF Author: Rossen Rozenov
Publisher: International Monetary Fund
ISBN: 1475587023
Category : Business & Economics
Languages : en
Pages : 28

Book Description
The paper offers an approach to assessing the sustainability of public debt taking into account the effect of fiscal policy on output, as well as uncertainty in the model parameters and system dynamics. Uncertainty is specified in general terms, and the analysis is based on the notion of invariant sets. Examples are provided to illustrate how the method can be applied in practice.

Explaining Growth and Inequality in Factor Income

Explaining Growth and Inequality in Factor Income PDF Author: Hyun H. Son
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 48

Book Description
An analysis of the relationship between growth and inequality of factor income in the Philippines, focusing on the role played by the labor market. A decomposition methodology is proposed, which provides a direct linkage between growth, inequality, and labor market characteristics. The paper provides empirical analysis using both, the Family Income and Expenditure Survey and Labor Force Survey, covering the period 1997-2003.