A Practical Guide to Public Debt Dynamics, Fiscal Sustainability, and Cyclical Adjustment of Budgetary Aggregates
January 27, 2010
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Disclaimer: This Technical Guidance Note should not be reported as representing the views of the IMF. The views expressed in this Note are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary
Subject: Budget planning and preparation, Debt sustainability analysis, Expenditure, External debt, Fiscal policy, Fiscal stance, Interest payments, Public debt, Public financial management (PFM)
Keywords: Balance ratio, Budget balance, Budget planning and preparation, Cyclical adjustment, Cyclically adjusted balance, Debt path, Debt ratio, Debt ratio decline, Fiscal stance, Government budget constraint, Interest payments, Interest rate, Ponzi game, Potential GDP, Public debt dynamics, Target debt ratio, TNM
Publication Details
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Pages:
26
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Volume:
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DOI:
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Issue:
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Series:
Technical Notes and Manuals No. 2010/002
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Stock No:
TNMEA2010002
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ISBN:
9781462396955
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ISSN:
2075-8669
