Hidden Bibliographic Details
| Other authors / contributors: | Ostry, Jonathan David, 1962- author.
International Monetary Fund. Research Department.
|
|---|
| ISBN: | 9781451975703
1451975708
9781452780610
1452780617
|
|---|
| Notes: | Title from PDF file (viewed Nov. 2, 2005).
"September 2005."
"Research Department."
Includes bibliographical references.
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2011 HathiTrust Digital Library committed to preserve
Online resource; title from PDF title page (IMF, viewed September 21, 2015).
|
|---|
| Summary: | "This paper aims to put some constraints on the way primary surpluses are projected when making assessments of public debt sustainability. Projections should be tied either to the country's historical track record in generating surpluses--if the institutional and other factors accounting for this track record are expected to persist--or to some model that links primary surpluses to their fundamental determinants, either on the basis of constant institutions and policies or a credible reform program. History-based or model-based primary surplus projections provide a useful benchmark for judging the realism of fiscal forecasts underlying debt sustainability calculations. Together with information on future growth and interest rates, the primary surplus projections can be used to generate measures of overborrowing, and the magnitude of adjustment needed to return debt to a sustainable level."
|
|---|
| Other form: | Print version: Abiad, Abdul. Primary surpluses and sustainable debt levels in emerging market countries. [Washington, D.C.] : International Monetary Fund, Research Dept., ©2005
|
|---|
| Publisher's no.: | MWT11409455
|
|---|
