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|Title:||Fiscal sustainability analysis: the case of PALOP economies|
Global financial crisis
|Abstract:||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.|
|Appears in Collections:||DINÂMIA'CET-WP - Working papers com arbitragem científica|
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|FINAL_wp142017.pdf||Versão Editora||199.29 kB||Adobe PDF||View/Open|
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