That Squeezing Feeling : The Interest Burden and Public Debt Stabilization /

The paper explores the extent to which the pressure of debt service on other spending items may push governments to embark on fiscal consolidation beyond what is strictly necessary to secure solvency. The empirical analysis identifies thresholds of interest bill indicators beyond which governments a...

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Detalles Bibliográficos
Autor principal: Debrun, Xavier
Otros Autores: Kinda, Tidiane
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2013.
Colección:IMF Working Papers; Working Paper ; No. 2013/125
Acceso en línea:Full text available on IMF