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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Автор: Chalk, Nigel
Інші автори: Hemming, Richard
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2000.
Серія:IMF Working Papers; Working Paper ; No. 2000/081
Онлайн доступ:Full text available on IMF