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Fiscal sustainability in remittance-dependent economies /
We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio can be modified to create a more accurate representation of debt sustainability for a country that receives significant remittance inflows. The main result is that inclusion of rem...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
©2009.
|
| Colección: | IMF working paper ;
WP/09/190. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 245 | 0 | 0 | |a Fiscal sustainability in remittance-dependent economies / |c prepared by Yasser Abdih [and others]. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, |c ©2009. | ||
| 300 | |a 1 online resource (25 pages) : |b color illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
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| 490 | 1 | |a IMF working paper ; |v WP/09/190 | |
| 500 | |a At head of title: Middle East and Central Asia Department. | ||
| 500 | |a "September 2009." | ||
| 504 | |a Includes bibliographical references (page 25). | ||
| 520 | |a We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio can be modified to create a more accurate representation of debt sustainability for a country that receives significant remittance inflows. The main result is that inclusion of remittances into the traditional debt sustainability analysis alters the amount of fiscal adjustment required to place debt on a sustainable path. While preliminary, these results are indicative of how a one-size-fits-all stability analysis may be inappropriate when evaluating the stance of fiscal policy for countries with different balance of payments characteristics. | ||
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Implication of Remittances for Public Debt Sustainability; III. An Application: Lebanon; 1. Lebanon: Debt Dynamics; 1. Debt Dynamics and Primary Surpluses that Stabilize the Debt Ratio for Lebanon; 2. Lebanon: Primary Surpluses that Stabilize the Debt Ratio; A. Stabilizing the Debt at Current Levels; B. Targeting a Lower Debt Level; 2. Primary Surplus Required to Reduce the Debt Ratio to a Given Target; IV. Conclusion; I. Traditional Model of Debt Sustainability; A. The law of motion of the government debt-to-GDP ratio. | |
| 505 | 8 | |a B. The primary surplus-to-GDP ratio that stabilizes the debt-to-GDP ratioC. The primary surplus-to-GDP ratio that reduces debt-to-GDP to a given target; II. Debt Sustainability in the Presence of Remittances; A. The law of motion of the government debt-to-GDP plus remittances ratio; B. The primary surplus-to-GDP ratio that stabilizes debt-to-GDP plus remittances; C. The primary surplus-to-GDP ratio that reduces debt-to-GDP plus remittances to a given target; References; Footnotes. | |
| 546 | |a English. | ||
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified]: |c HathiTrust Digital Library. |d 2024. |5 MiAaHDL | ||
| 538 | |a 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. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2024. |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Debts, Public |x Econometric models. | |
| 650 | 0 | |a Emigrant remittances |x Econometric models. | |
| 650 | 6 | |a Dettes publiques |x Modèles économétriques. | |
| 650 | 6 | |a Envois de fonds des émigrants |x Modèles économétriques. | |
| 650 | 7 | |a Debts, Public |x Econometric models |2 fast | |
| 650 | 7 | |a Emigrant remittances |x Econometric models |2 fast | |
| 650 | 7 | |a Rücküberweisung (Migranten) |2 stw | |
| 650 | 7 | |a Öffentliche Schulden. |2 stw | |
| 650 | 7 | |a Nachhaltigkeit. |2 stw | |
| 650 | 7 | |a Theorie. |2 stw | |
| 650 | 7 | |a Entwicklungsländer. |2 stw | |
| 700 | 1 | |a Abdih, Y. |q (Yasser), |e author. |1 https://id.oclc.org/worldcat/entity/E39PCjB64KYhwYxQRctG4TkkXd | |
| 710 | 2 | |a International Monetary Fund. |b Middle East and Central Asia Department. | |
| 758 | |i has work: |a Fiscal sustainability in remittance-dependent economies (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGfFpqkpMhy8qdjPMCCB8C |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |t Fiscal sustainability in remittance-dependent economies. |d Washington, D.C. : International Monetary Fund, ©2009 |w (OCoLC)489731667 |
| 830 | 0 | |a IMF working paper ; |v WP/09/190. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1608816 |z Texto completo |
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