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dc.titleVulnerability, Debt and Growth in the Caribbean: A Fan Chart Approach
dc.contributor.authorAndrian, Leandro Gaston
dc.contributor.authorMercer-Blackman, Valerie
dc.contributor.authorPresbitero, Andrea
dc.contributor.authorRebucci, Alessandro
dc.contributor.orgunitCountry Department Caribbean Group
dc.coverageTrinidad and Tobago
dc.coverageBarbados
dc.coverageSuriname
dc.coverageBahamas
dc.coverageJamaica
dc.coverageThe Caribbean
dc.date.available2013-09-13T00:00:00
dc.date.issue2013-09-12T00:00:00
dc.description.abstractHigh 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.
dc.format.extent42
dc.identifier.doihttp://dx.doi.org/10.18235/0009132
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Vulnerability-Debt-and-Growth-in-the-Caribbean-A-Fan-Chart-Approach.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFiscal Policy
dc.subjectPublic Debt
dc.subject.jelcodeE62 - Fiscal Policy
dc.subject.jelcodeH60 - National Budget, Deficit, and Debt: General
dc.subject.jelcodeH63 - Debt • Debt Management • Sovereign Debt
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.keywordsDebt sustainability, Growth, Volatility, Caribbean countries
dc.typeTechnical Notes
idb.identifier.pubnumberTechnical Notes
idb.operationRG-T1932
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