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Fiscal Sustainability; The Case of Eritrea

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  • Ayumu Yamauchi

Abstract

The paper examines fiscal sustainability issues for the case of Eritrea but has wider implications for addressing fiscal and debt sustainability. It begins with a formal definition and explanation of analytical sustainability indicators, followed by an assessment of the causes of fiscal deficits and their impact on the usual indicators of fiscal and external debt sustainability. The paper then goes beyond the usual analytical indicators by attempting to identify how and through which channels fiscal and other economic policies have affected the behavior of endogenous variables that in one way or another influence sustainability.

Suggested Citation

  • Ayumu Yamauchi, 2004. "Fiscal Sustainability; The Case of Eritrea," IMF Working Papers 04/7, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:04/7
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16962
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    References listed on IDEAS

    as
    1. Nigel A Chalk & Richard Hemming, 2000. "Assessing Fiscal Sustainability in Theory and Practice," IMF Working Papers 00/81, International Monetary Fund.
    2. Oscar E Melhado Orellana, 2003. "Fiscal Sustainability and Resource Mobilization in the Dominican Republic," IMF Working Papers 03/19, International Monetary Fund.
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