Fiscal Sustainability in Theory and Practice : A Handbook

Fiscal Sustainability in Theory and Practice : A Handbook

The handbook is organized around three themes: (i) basic theory and tools for everyday use, (ii) the effects of business cycles on public finance and the role of fiscal rules, and (iii) crises and their impact on fiscal sustainability. The first th...

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Bibliographic Details
Main Author: Burrnside, Craig
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2012
Subjects:
AMORTIZATION PAYMENTS
AMOUNT OF DEBT
ARIMA
AUTOREGRESSIVE INTEGRATED MOVING AVERAGE
BANK FOR INTERNATIONAL SETTLEMENTS
BANKING SECTOR
BANKING SYSTEM
BANKS
BENCHMARK
BUDGET BALANCE
BUDGET CONSTRAINT
BUDGET DEFICITS
BUDGET SURPLUS
BUSINESS CYCLE
BUSINESS CYCLES
CENTRAL BANK
CLOSED ECONOMY
CONSOLIDATION
CONSUMER PRICE INDEX
CONSUMERS
CREDITORS
CURRENCY CRISES
CURRENCY UNITS
CURRENT ACCOUNT
CURRENT ACCOUNT BALANCE
DEBT ANALYSIS
DEBT DYNAMICS
DEBT MANAGEMENT
DEBT MANAGERS
DEBT OBLIGATIONS
DEBT PORTFOLIO
DEBT SERVICE
DEBT STOCK
DEBT SUSTAINABILITY
DEBT-SERVICE
DEVALUATION
DEVELOPMENT ECONOMICS
DISCRETIONARY FISCAL POLICY
DISCRETIONARY POLICY
ECONOMIC RESEARCH
ECONOMICS RESEARCH
EUROPEAN CENTRAL BANK
EXCHANGE RATE
EXCHANGE RATES
EXTERNAL DEBT
EXTERNALITIES
FACE VALUE
FEDERAL RESERVE BANK OF NEW YORK
FEDERAL RESERVE SYSTEM
FINANCIAL SECTOR
FISCAL ACCOUNTS
FISCAL ADJUSTMENT
FISCAL AUTHORITY
FISCAL DATA
FISCAL FEDERALISM
FISCAL IMPULSE
FISCAL ISSUES
FISCAL POLICIES
FISCAL POLICY
FISCAL REFORM
FISCAL REFORMS
FISCAL RULE
FISCAL RULES
FISCAL SHOCKS
FISCAL SUSTAINABILITY
FISCAL THEORY
FIXED EXCHANGE RATE
FOREIGN EXCHANGE
GNP
GOVERNMENT BUDGET
GOVERNMENT BUDGETS
GOVERNMENT DEBT
GOVERNMENT DEFICITS
GOVERNMENT EXPENDITURE
GOVERNMENT FINANCE
GOVERNMENT REVENUE
GOVERNMENT SOLVENCY
GROSS DOMESTIC PRODUCT
GROSS NATIONAL PRODUCT
GROWTH RATE
HOUSING
INFLATION
INITIAL DEBT
INSURANCE
INTEREST PAYMENTS
INTEREST RATES
INTERNATIONAL MONETARY FUND
LEVEL OF DEBT
LIQUIDITY
LIQUIDITY CRISIS
LOCAL GOVERNMENTS
MACROECONOMIC ANALYSIS
MACROECONOMIC MODELS
MARKET VALUE
MEASUREMENT OF DEBT
MONETARY AUTHORITY
MONETARY POLICIES
MONETARY POLICY
NATIONAL INCOME
NONPERFORMING LOANS
OPEN ECONOMY
POTENTIAL OUTPUT
PRESENT VALUE
PRIMARY BALANCE
PRIMARY SURPLUS
PUBLIC DEBT
PUBLIC FINANCE
PUBLIC SECTOR
PURCHASING POWER
REAL GDP
REAL INTEREST RATES
REAL TERMS
RELATIVE PRICES
RESERVE BANK
SOCIAL EXPENDITURE
SOCIAL SECURITY
SOVEREIGN DEFAULTS
STATE BANKS
STICKY PRICES
SUBSIDIARY
TAX
TAX REVENUES
TAX SYSTEMS
TRADITIONAL DEBT SUSTAINABILITY ANALYSIS
Online Access:http://documents.worldbank.org/curated/en/2005/01/7564363/fiscal-sustainability-theory-practice
http://hdl.handle.net/10986/7495
Description
Summary:The handbook is organized around three themes: (i) basic theory and tools for everyday use, (ii) the effects of business cycles on public finance and the role of fiscal rules, and (iii) crises and their impact on fiscal sustainability. The first theme is central to the book's purpose of bringing the basic theoretical literature together, along with a set of examples used to illustrate particular methods of analysis. The second and third themes develop the topic of fiscal sustainability further, by extending it to topics at the forefront of policy debates in the recent past.

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