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Fiscal Sustainability and Resource Mobilization in the Dominican Republic

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  • Oscar E Melhado Orellana

Abstract

This paper examines fiscal sustainability and resource mobilization in the Dominican Republic. The fiscal position appears to be sustainable, if resource mobilization is strengthened. If expenditure continues to rise (relative to GDP), without any further fiscal adjustment, indicators of sustainability would begin to deteriorate. It would be important to maintain an appropriate mix between additional financing and fiscal adjustment, in order that the future debt burden does not rise excessively.

Suggested Citation

  • Oscar E Melhado Orellana, 2003. "Fiscal Sustainability and Resource Mobilization in the Dominican Republic," IMF Working Papers 03/19, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:03/19
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16271
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    References listed on IDEAS

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    1. Garry J. Schinasi & Mark Scott Lutz, 1991. "Fiscal Impulse," IMF Working Papers 91/91, International Monetary Fund.
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    Cited by:

    1. Hector Cury & Glenn Jenkins & CHUN-YAN KUO, 2004. "Fiscal Adjustment for Sustainable Growth in the Dominican Republic," Development Discussion Papers 2004-01, JDI Executive Programs.
    2. Glenn Jenkins & CHUN-YAN KUO & Andrey Klevchuk, 2007. "Diagnosis of Indirect Taxes and the Taxation of International Trade in the Dominican Republic," Development Discussion Papers 2007-01, JDI Executive Programs.
    3. Ayumu Yamauchi, 2004. "Fiscal Sustainability; The Case of Eritrea," IMF Working Papers 04/7, International Monetary Fund.

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