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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Detalhes bibliográficos
Autor principal: Chalk, Nigel
Outros Autores: Hemming, Richard
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2000.
Colecção:IMF Working Papers; Working Paper ; No. 2000/081
Acesso em linha:Full text available on IMF