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Swaziland’s Fiscal Policy: The Choices Ahead

Ayoki, Milton - 2011

This paper examines the stance of fiscal policy in Swaziland since the 1980s, and the attempts that have been made to restrain the excessive deficits that have built up over the past 15 years. Swaziland’s fiscal difficulties have arisen in part from two decades of slow growth, and falling...

Persistent link: https://www.econbiz.de/10015257857

Determinantes del déficit del sector público en Bolivia (1980-1987)

Requena, Juan Carlos; Huarachi, Gualberto; Barja, Gover; … - 1989

Fiscal policy was key determinant of macroeconomic behavior during the 80s, however it is necessary to distinguish the effects of shocks over fiscal policy from those resulting of policy decisions. For that purpose the study uses, with an adjustment, the methodology developed by Marshall and...

Persistent link: https://www.econbiz.de/10015222951

Un modèle suédois pour la résolution de la crise de la dette souveraine en Europe

Dai, Meixing; MAZUY, Nicolas; RIOUX, Marie-Claude - 2012

Une double crise bancaire et souveraine dans plusieurs pays de la zone euro appelle à chercher des solutions innovantes et à revisiter des solutions ayant déjà fait preuve. L’expérience suédoise de la résolution d’une crise immobilière et bancaire dans les années 1990, qui a...

Persistent link: https://www.econbiz.de/10015235104

A Review on Fiscal and Debt Policies in Pakistan

Khan, Karim - 2024

Pakistan has been pursuing an active albeit expansionary fiscal policy since 1970s. In the mid-1970s to early-1980s, such policy choice was manifested in externally financed development spending, primarily in the form of investment in public enterprises. Despite excessive deficit financing,...

Persistent link: https://www.econbiz.de/10015214310

Les Effets Non Lineaires Des Deficits Budgetaires Sur L´Activite Economique En Cemac

Bikai, Landry - 2010

CEMAC countries, with an aim of coordinating their budget policies, established within their union some rules of … economic policy which seem to be restrictive for an effective budget policy and thus sustainable in the long run. Indeed, in … the economic theory, several arguments were advanced to justify the effectiveness of budget policy with a view to …

Persistent link: https://www.econbiz.de/10015222716

Are we able to capture the EU debt crisis? Evidence from PIIGGS countries in panel unit root framework

Baumöhl, Eduard; Výrost, Tomáš; Lyócsa, Štefan - 2011

We assess the issue of fiscal sustainability in the selected EU countries. Our sample includes those showing the highest government debts, which are nowadays known under the somewhat degrading acronym – PIIGGS (Portugal, Ireland, Italy, Greece, Great Britain and Spain). Assuming the so-called...

Persistent link: https://www.econbiz.de/10015226586

Keberlanjutan Fiskal di Indonesia

Simarmata, Djamester A. - 2007

Pact has triggered the academician to pay more attention to the unique threshold of the budget deficit and the level of …

Persistent link: https://www.econbiz.de/10015233867

What Has Been the Impact of COVID-19 on Debt? Turning a Wave into a Tsunami

Kose, M. Ayhan; Nagle, Peter; Ohnsorge, Franziska; … - 2021

This paper presents a comprehensive analysis of the impact of COVID-19 on debt, puts recent debt developments and prospects in historical context, and analyzes new policy challenges associated with debt resolution. The paper reports three main results. First, even before the pandemic, a rapid...

Persistent link: https://www.econbiz.de/10015261294

Estimating a fiscal reaction function for the South East European countries

Tashevska, Biljana; Trpkova-Nestorovska, Marija; … - 2017

The global economic crisis caused a deterioration in the public finances of the South East European countries. Hence, the issue of fiscal sustainability became important not only for the developed EU countries (considering the European debt crisis), but also for the SEE region. The aim of this...

Persistent link: https://www.econbiz.de/10015262640

Debt dynamics and fiscal policy stance in Cape Verde: Is there evidence of pro-cyclical behavior?

Ribeiro, Ana Paula; Carvalho, Vitor; Sanches, Hélder - 2021

composition and ii) through estimating cyclical elasticities of the budget balance, we compute structural primary deficits to …

Persistent link: https://www.econbiz.de/10015264531