Primary Surpluses and sustainable Debt Levels in Emerging Market Countries /

This paper aims to put some constraints on the way primary surpluses are projected when making assessments of public debt sustainability. Projections should be tied either to the country's historical track record in generating surpluses-if the institutional and other factors accounting for this...

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Bibliographic Details
Main Author: Ostry, Jonathan
Other Authors: Abiad, Abdul
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2005/006
Online Access:Full text available on IMF

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