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| dc.title | Fiscal Sustainability in Emerging Market Countries with an Application to Ecuador |
| dc.contributor.author | Díaz Alvarado, Carlos |
| dc.contributor.author | Izquierdo, Alejandro |
| dc.contributor.author | Panizza, Ugo |
| dc.contributor.orgunit | Department of Research and Chief Economist |
| dc.coverage | Ecuador |
| dc.date.available | 2011-02-07T00:00:00 |
| dc.date.issue | 2004-08-01T00:00:00 |
| dc.description.abstract | This paper surveys the recent literature on fiscal sustainability, with particular emphasis on emerging market countries. It discusses the main elements that differentiate emerging market countries from industrial countries and then discusses how probabilistic models can help to evaluate fiscal sustainability in an uncertain environment. Based on this discussion, the paper uses Ecuador to illustrate an application of the probabilistic model, and of the framework to evaluate the impact of shocks to current account financing on sustainability. |
| dc.identifier.doi | http://dx.doi.org/10.18235/0010831 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/Fiscal-Sustainability-in-Emerging-Market-Countries-with-an-Application-to-Ecuador.pdf |
| dc.language.iso | en |
| dc.medium | Adobe PDF |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Fiscal Policy |
| dc.subject | Financial Sector |
| dc.subject.jelcode | E62 - Fiscal Policy |
| dc.subject.jelcode | O23 - Fiscal and Monetary Policy in Development |
| dc.subject.jelcode | O54 - Latin America • Caribbean |
| dc.subject.keywords | WP-511 |
| dc.type | Working Papers |
| idb.identifier.pubnumber | Working Papers |