Fiscal Sustainability: The Case of Eritrea

 
Author/Editor: Yamauchi, Ayumu
 
Publication Date: January 01, 2004
 
Electronic Access: Free Full text (PDF file size is 360KB).
Use the free Adobe Acrobat Reader to view this PDF file

 
Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
 
Summary: 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.
 
Series: Working Paper No. 04/7
Subject(s): Fiscal policy | Eritrea

Author's Keyword(s): Fiscal sustainability | Endogenous response | Assets and liabilities
 
English
Publication Date: January 01, 2004
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA0072004 Pages: 28
Price:
US$15.00 (Academic Rate:
US$15.00 )
 
 
Please address any questions about this title to publications@imf.org