Advanced Search
MyIDEAS: Login to save this paper or follow this series

Assessing Fiscal Sustainability in Theory and Practice

Contents:

Author Info

  • Nigel Andrew Chalk
  • Richard Hemming
Registered author(s):

    Abstract

    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 sustainability indicators), and sustainability and uncertainty. The paper then looks at the way in which fiscal sustainability has been assessed in different types of IMF work. Finally the link between fiscal and external sustainability is discussed.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=3561
    Download Restriction: no

    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 00/81.

    as in new window
    Length: 27
    Date of creation: 01 Apr 2000
    Date of revision:
    Handle: RePEc:imf:imfwpa:00/81

    Contact details of provider:
    Postal: International Monetary Fund, Washington, DC USA
    Phone: (202) 623-7000
    Fax: (202) 623-4661
    Email:
    Web page: http://www.imf.org/external/pubind.htm
    More information through EDIRC

    Order Information:
    Web: http://www.imf.org/external/pubs/pubs/ord_info.htm

    Related research

    Keywords: Budget deficits; Economic models; fiscal sustainability; fiscal policy; debt ratio; budget constraint; primary deficit; government debt; external debt; net debt; debt service; public debt; fiscal adjustment; tax ratio; fiscal policies; debt sustainability; current account; fiscal position; debt stock; public external debt; fiscal balances; fiscal vulnerability; debt relief; domestic currency; fiscal balance; external debt service; traditional debt relief mechanisms; current account deficit; fiscal deficits; government solvency; fiscal deficit; ratio of debt; relief mechanisms; external liabilities; primary expenditure; fiscal surpluses; government deficits; net external liabilities; public finances; government revenue; fiscal transparency; budget balance; debt relief mechanisms; fiscal surplus; domestic debt; traditional debt relief; foreign debt; sustainable fiscal policy; debt dynamics; taxation; fiscal affairs department; fiscal measures; fiscal outcomes; public sector debt; sovereign debt; fiscal revenues; debt ratios; debt structure; external debt sustainability; fiscal standpoint; government budget; account deficits; debt service to exports; government budget deficits; debt burden; fiscal affairs; budget constraints; primary fiscal deficit; budget deficit; debt problem; fiscal indicators; current account deficits; fiscal criterion; domestic financial markets; fiscal data; stock of debt; excessive deficits; fiscal developments; ratios of debt; fiscal scenario; annual budget; government spending; fiscal accounts; future fiscal deficits; fiscal program;

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:00/81. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.