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http://hdl.handle.net/10071/20773
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Title: Fiscal sustainability analysis: the case of PALOP economies
Authors: Afonso, A.
Leão, E.
Tiny, D.
Bhimjee, D.
Keywords: Debt sustainability
Global financial crisis
Fiscal policy
PALOP
Issue Date: 2017
Series/Report no.: WP14/2017/DE/UECE
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.
Peer reviewed: yes
URI: http://hdl.handle.net/10071/20773
ISSN: 2183-1815
Ciência-IUL: https://ciencia.iscte-iul.pt/id/ci-pub-75056
Appears in Collections:DINÂMIA'CET-WP - Working papers com arbitragem científica

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