IDEAS home Printed from https://ideas.repec.org/a/hur/ijaraf/v7y2017i1p291-296.html
   My bibliography  Save this article

Fiscal Sustainability in the Non-Euro States

Author

Listed:
  • Alina - Georgiana Solomon

Abstract

Forming an opinion about the ability of a government of any State to honor its financial obligations in the long term, raise the issue of fiscal sustainability. This subject involves analysis of the main elements useful in maintaining macroeconomic stability, fiscal sustainability. In essence, government options in terms of fiscal policy developments affecting the fiscal deficit, indebtedness and ability to mobilize the necessary financial resources coatings, respectively refinaþãrii these indicators. In this paper, the study of fiscal sustainability is focused primarily on countries outside the euro area; highlighting the extent to which they, by applying their own national tax systems are consistent with the overall objective of the European Commission, recently said the "Europe 2020 Strategy".

Suggested Citation

  • Alina - Georgiana Solomon, 2017. "Fiscal Sustainability in the Non-Euro States," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(1), pages 291-296, January.
  • Handle: RePEc:hur:ijaraf:v:7:y:2017:i:1:p:291-296
    as

    Download full text from publisher

    File URL: http://hrmars.com/hrmars_papers/Article_29_Fiscal_Sustainability_in_the_Non-Euro_States.pdf
    Download Restriction: no

    File URL: http://hrmars.com/hrmars_papers/Article_29_Fiscal_Sustainability_in_the_Non-Euro_States.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. António Afonso & Christophe Rault, 2010. "What do we really know about fiscal sustainability in the EU? A panel data diagnostic," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(4), pages 731-755, January.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Purnomo, Herry & Okarda, Beni & Dewayani, Ade Ayu & Ali, Made & Achdiawan, Ramadhani & Kartodihardjo, Hariadi & Pacheco, Pablo & Juniwaty, Kartika S., 2018. "Reducing forest and land fires through good palm oil value chain governance," Forest Policy and Economics, Elsevier, vol. 91(C), pages 94-106.
    2. Yunjie Liu & Qiang Jin & Bo Wen & Zhibao Huo & Yuanhang Zhu & Minghai Zhang & Zhili Wang & Aidang Shan, 2020. "The economic and environmental assessment on production stage of quayside crane," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(4), pages 2759-2778, April.
    3. Lopion, Peter & Markewitz, Peter & Robinius, Martin & Stolten, Detlef, 2018. "A review of current challenges and trends in energy systems modeling," Renewable and Sustainable Energy Reviews, Elsevier, vol. 96(C), pages 156-166.
    4. Jing, Rui & Wang, Meng & Brandon, Nigel & Zhao, Yingru, 2017. "Multi-criteria evaluation of solid oxide fuel cell based combined cooling heating and power (SOFC-CCHP) applications for public buildings in China," Energy, Elsevier, vol. 141(C), pages 273-289.
    5. Ringkjøb, Hans-Kristian & Haugan, Peter M. & Solbrekke, Ida Marie, 2018. "A review of modelling tools for energy and electricity systems with large shares of variable renewables," Renewable and Sustainable Energy Reviews, Elsevier, vol. 96(C), pages 440-459.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Courage Mlambo, 2022. "China in Africa: An Examination of the Impact of China’s Loans on Growth in Selected African States," Economies, MDPI, vol. 10(7), pages 1-27, June.
    2. Munawar-Shah, Syed & Abdul-Majid, Mariani & Hussain-Shah, Syed, 2014. "Assessing Fiscal Sustainability for SAARC and IMT-GT Countries," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 5(2), pages 26-40.
    3. Antonio Afonso & Jose Alves, 2015. "The Role of Government Debt in Economic Growth," Hacienda Pública Española / Review of Public Economics, IEF, vol. 215(4), pages 9-26, December.
    4. Campo Robledo, Jacobo, 2011. "Sostenibilidad fiscal: una aproximación con datos panel para 8 países Latinoaméricanos [Fiscal sustainability: A data panel approach for eight Latin American countries]," MPRA Paper 33091, University Library of Munich, Germany.
    5. António Afonso & José Alves & Oļegs Matvejevs & Oļegs Tkačevs, 2023. "Fiscal Sustainability and the Role of Inflation," CESifo Working Paper Series 10843, CESifo.
    6. Gabriella Deborah Legrenzi & Costas Milas, 2010. "Spend-and-Tax Adjustments and the Sustainability of the Government's Intertemporal Budget Constraint," CESifo Working Paper Series 2926, CESifo.
    7. Lars Feld & Christoph Schaltegger, 2010. "Political stability and fiscal policy: time series evidence for the Swiss federal level since 1849," Public Choice, Springer, vol. 144(3), pages 505-534, September.
    8. António Afonso & Christophe Rault, 2008. "3-Step Analysis of Public Finances Sustainability: the Case of the European Union," Working Papers hal-00322086, HAL.
    9. Ant Afonso & Christophe Rault, 2015. "Short- and long-run behaviour of long-term sovereign bond yields," Applied Economics, Taylor & Francis Journals, vol. 47(37), pages 3971-3993, August.
    10. Michaelides, Panayotis G. & Tsionas, Efthymios G. & Konstantakis, Konstantinos N., 2018. "Debt dynamics in Europe: A Network General Equilibrium GVAR approach," Journal of Economic Dynamics and Control, Elsevier, vol. 93(C), pages 175-202.
    11. António Afonso & Christophe Rault, 2010. "What do we really know about fiscal sustainability in the EU? A panel data diagnostic," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(4), pages 731-755, January.
    12. António Afonso & Christophe Rault, 2008. "Budgetary and External Imbalances Relationship : a Panel Data Diagnostic," Working Papers Department of Economics 2008/45, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    13. Christoph A. Schaltegger & Martin Weder, 2014. "Fiscal adjustment and the costs of public debt service: evidence from OECD countries," Applied Economics, Taylor & Francis Journals, vol. 46(22), pages 2593-2610, August.
    14. Chow, Sheung Chi, 2013. "The sustainability of fiscal policy: A group-mean panel estimator approach," MPRA Paper 57808, University Library of Munich, Germany.
    15. Gordon L. Brady & Cosimo Magazzino, 2018. "Fiscal Sustainability in the EU," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 46(3), pages 297-311, September.
    16. António Afonso & João Jalles, 2014. "A longer-run perspective on fiscal sustainability," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(4), pages 821-847, November.
    17. António Afonso & José Carlos Coelho, 2022. "Fiscal sustainability, fiscal reactions, pitfalls and determinants," Working Papers REM 2022/0219, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    18. António Afonso, 2009. "Neck, R. and Sturm, J.-E. (eds.): Sustainability of public debt," Journal of Economics, Springer, vol. 97(1), pages 95-96, May.
    19. Jacobo Campo-Robledo & Luis Melo-Velandia, 2015. "Sustainability of Latin American fiscal deficits: a panel data approach," Empirical Economics, Springer, vol. 49(3), pages 889-907, November.
    20. Mura Petru-Ovidiu, 2015. "Public Finance Sustainability In Romania. Recent Developments," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 757-769, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hur:ijaraf:v:7:y:2017:i:1:p:291-296. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hassan Danial Aslam (email available below). General contact details of provider: http://hrmars.com/index.php/pages/detail/Accounting-Finance-Journal .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.