Primary Surpluses and sustainable Debt Levels in Emerging Market Countries

Primary Surpluses and sustainable Debt Levels in Emerging Market Countries
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... READ MORE...

Publication date: October 2005
ISBN 9781451975703
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