Entrando En Cintura: Implicaciones De Polltica Econnmica Sobre La Sosteniblidad De La Deuda PPblica En La Zona Euro (Public Economy Implications About Public Public Debt Sustainability in the Euro Zone)

This article examines the sustainability of public debt in Bangladesh under alternative future scenarios based on simulation exercises for the period of FY2017 to FY2026. It adopts the debt-stabilizing primary balance approach (DPSBA) and International Monetary Fund/World Bank Debt Sustainability Framework (DSF). The findings of the former indicate that Bangladesh will be able to service its increasing public debt as long as its economic growth rate remains higher than the real interest rate payable on debt. Public debt also appears to be sustainable according to variables tested under the DSF. However, findings indicate that Bangladesh has been and would continue allocating an increasing share of its revenue to external debt repayment, creating a trade-off with investment in growth-oriented sectors. JEL Classification: H63, H68, H69, H81, G28

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Fiscal Reaction Functions and Public Debt Sustainability in Nigeria: An Error Correction Mechanism Approach

International Journal of Public Policy and Administration Research ◽

10.18488/journal.74.2019.62.116.132 ◽

2019 ◽

Vol 6 (2) ◽

pp. 116-132 ◽

Cited By ~ 1

Author(s):

Opeoluwa A. Adeosun ◽

Sikiru A. Adedokun

Keyword(s):

Error Correction ◽

Public Debt ◽

Debt Sustainability ◽

Reaction Functions ◽

Error Correction Mechanism

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Social development and public debt sustainability

Social Cohesion and Development ◽

10.12681/scad.25739 ◽

2021 ◽

Vol 14 (2) ◽

pp. 79

Author(s):

Chara Vavoura ◽

Ioannis Vavouras

Keyword(s):

Fiscal Policy ◽

Social Development ◽

Public Debt ◽

Debt Crisis ◽

Necessary Condition ◽

Debt Sustainability ◽

Long Run ◽

Policy Measures ◽

Of Greece

The issue of public debt sustainability is of exceptional importance in the case of Greece. As a rule, the relevant analysis is limited to the examination of the fiscal policy measures reported to contribute to reducing public debt leaving out the investigation of the factors that caused the country’s debt crisis. The objective of the present paper is to explore the determinants of Greece’s debt crisis and the strategy required to address it. Our work highlights the issue of social development, which is found to be a necessary condition for ensuring the long run sustainability of the country’s public debt.

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