Fiscal Sustainability; The Case of Eritrea

The paper examines fiscal sustainability issues for the case of Eritrea but has wider implications for addressing fiscal and debt sustainability. It begins with a formal definition and explanation of analytical sustainability indicators, followed by an assessment of the causes of fiscal deficits and their impact on the usual indicators of fiscal and external debt sustainability. The paper then goes beyond the usual analytical indicators by attempting to identify how and through which channels fiscal and other economic policies have affected the behavior of endogenous variables that in one way or another influence sustainability.

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Year of publication:	2004-01-01
Authors:	Yamauchi, Ayumu
Institutions:	International Monetary Fund (IMF)
Subject:	Fiscal sustainability \| debt \| external debt \| interest \| public debt \| fiscal policy \| capital expenditure \| primary expenditure \| public finances \| deficits \| debt service \| fiscal policies \| liabilities \| domestic debt \| fiscal deficits \| tax revenue \| deficit financing \| debt sustainability \| primary deficit \| payments \| debt-service \| public finance \| government revenue \| primary current expenditure \| fiscal indicators \| fiscal balance \| loans \| key fiscal indicators \| foreign debt \| solvency \| fiscal deficit \| taxes \| external public debt \| debt management \| tax revenues \| public expenditure \| budget constraint \| primary fiscal deficit \| national debt \| fiscal variables \| defense spending \| government securities \| debt-service burden \| fiscal adjustment \| tax base \| debt service burden \| collections \| debt reduction \| account deficits \| debt relief \| fiscal policy objectives \| tax rates \| fiscal measures \| debt forgiveness \| tax bases \| fiscal costs \| domestic public debt \| budget management \| tax administration \| tax system

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Extent:	application/pdf
Series:	IMF Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series IMF Working Papers Number 04/7 2 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005826168