TY  - GEN
AU  - Andrian, Leandro Gaston
AU  - Mercer-Blackman, Valerie
AU  - Presbitero, Andrea
AU  - Rebucci, Alessandro
TI  - Vulnerability, Debt and Growth in the Caribbean: A Fan Chart Approach
PY  - 2013
Y1  - 2013/09/13
DO  - 10.18235/0009132
AB  - High government debts, weak economic growth, vulnerability to external shocks and the design of sound fiscal consolidation strategies are among the most critical issues that some of the Caribbean countries have currently to deal with. Stabilization programs may harm economic growth but, under certain conditions, they could be expansionary. The main result of this analysis is that the uncertainty about the future evolution of debt increases when the volatility of exogenous shocks that affect fiscal revenues are properly accounted for in the debt sustainability analysis.
UR  - https://doi.org/10.18235/0009132
ER  -