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Advisor(s)
Abstract(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.
Description
Keywords
Debt Sustainability Global Financial Crisis Fiscal Policy PALOP
Pedagogical Context
Citation
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
Publisher
ISEG - Departamento de Economia