Assessing Fiscal Sustainability in Theory and Practice /

The main purpose of this paper is to provide an overview of approaches to assessing fiscal sustainability. It summarizes the general analytical background, focusing on the present value budget constraint, which is the benchmark against which solvency is determined, tests of sustainability (including...

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Autor principal: Chalk, Nigel
Altres autors: Hemming, Richard
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2000.
Col·lecció:IMF Working Papers; Working Paper ; No. 2000/081
Accés en línia:Full text available on IMF