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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]

Author

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  • Cruz-Rodriguez, Alexis

Abstract

In 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.

Suggested Citation

  • Cruz-Rodriguez, Alexis, 2013. "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 Secto," MPRA Paper 49376, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:49376
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    References listed on IDEAS

    as
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    5. Enrique G. Mendoza & P. Marcelo Oviedo, 2006. "Fiscal Policy and Macroeconomic Uncertainty in Developing Countries: The Tale of the Tormented Insurer," NBER Working Papers 12586, National Bureau of Economic Research, Inc.
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    More about this item

    Keywords

    Fiscal sustainability; public debt; primary surplus;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • 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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