Analyzing Debt Sustainability: An Application of SimSIP Debt for Paraguay
AbstractOne of the most difficult tasks in preparing a poverty reduction strategy consists in setting priorities for public action, taking into account the cost of social programs and the capacity of the government to pay that cost. The ability to pay for social programs is determined by the resources available to the government through taxation and loans or grants within a debt and fiscal sustainability framework. This paper shows how to conduct debt and fiscal sustainability analysis using SimSIP Debt, a user-friendly Excel-based tool, with an application to Paraguay.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 11076.
Date of creation: Jan 2008
Date of revision:
Debt sustainability; fiscal sustainability; Paraguay;
Find related papers by JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- F34 - International Economics - - International Finance - - - International Lending and Debt Problems
- H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
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- Bernhard G. Gunter, 2010.
"Does the HIPC Initiative Achieve its Goal of Debt Sustainability?,"
- Gunter, Bernhard G., 2001. "Does the HIPC Initiative Achieve its Goal of Debt Sustainability?," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
- Cuddington, John T., 1997. "Analyzing the sustainability of fiscal deficitsin developing countries," Policy Research Working Paper Series 1784, The World Bank.
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