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Notas sobre la sostenibilidad de la deuda pública en Venezuela
[Some considerations on debt sustainability in Venezuela]

Author

Listed:
  • Romero, Hector
  • Fajardo, Eddy Johanna

Abstract

En el presente trabajo se lleva a cabo una evaluación de la sostenibilidad de la deuda pública en Venezuela. En la primera parte del estudio se presenta un breve bosquejo teórico de los modelos para evaluar la sostenibilidad de la deuda pública que aparece reflejado en la literatura económica. Asimismo, se presenta la evolución de los indicadores de sostenibilidad de la deuda pública, así como una comparación internacional de los niveles de deuda de Venezuela en comparación con otros países de la región. Se observa que aunque los indicadores tradicionales de deuda pública no indican un peso importante de la deuda sobre la economía nacional, al estudiar la trayectoria de endeudamiento actual, se concluye que el endeudamiento público no es sostenible en el tiempo.

Suggested Citation

  • Romero, Hector & Fajardo, Eddy Johanna, 2013. "Notas sobre la sostenibilidad de la deuda pública en Venezuela [Some considerations on debt sustainability in Venezuela]," MPRA Paper 69671, University Library of Munich, Germany, revised 2013.
    • Handle: RePEc:pra:mprapa:69671
    as

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    References listed on IDEAS

    as
    1. Pasinetti, Luigi L, 1998. "The Myth (or Folly) of the 3 Percent Deficit/GDP Maastricht 'Parameter.'," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 22(1), pages 103-116, January.
    2. Medina, Leandro, 2010. "Efectos dinámicos de los precios de las materias primas en las posiciones fiscales de América Latina," Research Department working papers 206, CAF Development Bank Of Latinamerica.
    3. Lance Taylor & Christian R. Proaño & Laura de Carvalho & Nelson Barbosa, 2012. "Fiscal deficits, economic growth and government debt in the USA," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 36(1), pages 189-204.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Deuda; finanzas públicas; déficit fiscal; sostenibilidad.;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • H6 - Public Economics - - National Budget, Deficit, and Debt
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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