Search Results - subject:"Haushaltsdefizit"

Impact of fiscal sustainability on economic growth in Kenya

Mose, Naftaly; Moro, Kamal Deen - 2026

Fiscal sustainability refers to a government's capacity to generate sufficient revenue to cover its expenses and repay its debts without accumulating excessive liabilities or creating new money. Recent observations indicate that Kenya's economic growth has slowed, prompting concerns about its...

Persistent link: https://www.econbiz.de/10015620782

Ageing costs, public debt sustainability and EU fiscal rules

Gökten, Meryem; Heimberger, Philipp - 2026

This paper examines the role of ageing costs and the underlying assumptions in the reformed EU fiscal rules. To comply with these rules, governments facing rising ageing costs over the decade that follows a multi-year adjustment period must pre-emptively implement fiscal consolidation measures...

Persistent link: https://www.econbiz.de/10015654499

Public debt sustainability in the Eurozone : an empirical assessment using macroeconomic indicators

Mutai, Noah Cheruiyot; Ibeh, Lawrence; Farag, Karim; … - 2026

This study examines public debt sustainability in the Eurozone by estimating fiscal reaction functions that assess how fiscal balances respond to rising public debt under heterogeneous macroeconomic conditions. Using annual panel data for 20 EU countries from 2000 to 2024, we employ fixed...

Persistent link: https://www.econbiz.de/10015628390

Republic of Kazakhstan: State-Owned Enterprises, the Fiscal Stance, and Risks

Heng, Dyna - 2026

State-owned enterprises (SOEs) remain a cornerstone of Kazakhstan’s economy and growth model. However, SOEs’ quasi-fiscal activities conducted outside the fiscal framework obscure the overall fiscal stance, complicating macroeconomic management. This paper finds that the balance sheet...

Persistent link: https://www.econbiz.de/10015612627

Governance quality and fiscal discipline : evidence from an emerging economy

Alsaffarini, Enas; Awwad, Bahaa Sobhi Abde Latif - 2026

This study examines the impact of key governance dimensions on public budget rationalization in Palestine from 2002 to 2023. Utilizing Legitimacy Theory, the research assesses how institutional quality affects fiscal outcomes, including revenues, expenditures, net lending, and budget balance....

Persistent link: https://www.econbiz.de/10015628706

On the sustainable deficit of the government

Greiner, Alfred - 2026

In this note we derive the long-run public deficit to GDP ratio that is compatible with a sustainable public debt. Starting from the observation that a sustainable debt policy requires that the present value of public debt asymptotically converges to zero and that the debt to GDP ratio must be...

Persistent link: https://www.econbiz.de/10015595761

The impact of geopolitical crises on fiscal and budgetary stability

Papainog, Maria-Teodora - 2026

This study explores the relationship between geopolitical risk and fiscal-budgetary stability of countries, focusing on how external instability impacts the dynamics of the budget deficit. Using a dynamic System GMM (Arellano-Bover/Blundell-Bond) model on a panel dataset of 25 OECD member...

Persistent link: https://www.econbiz.de/10015639915