La END, el plan nacional plurianual del sector público y la sostenibilidad fiscal en la República Dominicana
[The Dominican National Development Strategy (END), the National Multi-Year Public Sector Plan (PNPSP) and fiscal sustainability in the Dominican Republic]
AbstractIn this paper we evaluate the fiscal sustainability of the Dominican Republic using the recursive algorithm proposed by Croce and Juan-Ramón (2003). The results indicate that the Dominican economy shows an unsustainable fiscal position in much of the period, but for the years 2014-2016 would be conducting a fiscal policy that is consistent with the convergence of the debt-to-GDP ratio to sustainable levels as required by PNPSP and END.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 49376.
Date of creation: 28 Aug 2013
Date of revision:
Fiscal sustainability; public debt; primary surplus;
Find related papers by JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
- H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
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