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Fiscal sustainability analysis : the case of PALOP economies
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Orientador(es)
Resumo(s)
The Global Financial Crisis has typically led to a significant widening of fiscal positions (i.e., higher budget deficits and public debt). We address the sustainability of public finances in Portuguese-speaking African countries (PALOP), through adequate econometric testing. Our findings for the period 1975-2015 suggest that most of the PALOP have compromised the sustainability of their corresponding fiscal positions, leading these economies to be set on unsustainable public finance trajectories.
Descrição
Palavras-chave
Debt Sustainability Global Financial Crisis Fiscal Policy PALOP
Contexto Educativo
Citação
Afonso, António ... [et al.] .2017. "Fiscal sustainability analysis : the case of PALOP economies". Instituto Superior de Economia e Gestão. DE Working papers nº 14-2017/DE/UECE
Editora
ISEG - Departamento de Economia