Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 15 of 15 for “"debt sustainability"”.
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Essays in debt sustainability and financial stability
… in which the government optimally holds net debt and attachable assets. The model is novel as it allows for the possibility of debt to be enforced. This is a vast improvement upon previous models, which find that the optimal level of assets the sovereign chooses in the long run is zero. Here, …
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Domestic debt sustainability analysis: The case for Zambia
This study has investigated the sustainability of Zambia’s domestic debt (mainly composed of Government securities). Most of Zambia’s external debt has been forgiven and donors have put in place measures to avoid a repeat of an accumulation of an unsustainable external debt stock. Zambia’s current …
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Domestic debt sustainability analysis: The case for Zambia
This study has investigated the sustainability of Zambia’s domestic debt (mainly composed of Government securities). Most of Zambia’s external debt has been forgiven and donors have put in place measures to avoid a repeat of an accumulation of an unsustainable external debt stock. Zambia’s current …
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South Africa's debt sustainability: A multi-factor approach
An increasing debt-GDP ratio, slow growth, high debt costs and declining credit ratings call into question the sustainability of South Africa's public debt. However, some commentators have drawn on Modern Monetary Theory in arguing that increasing debt can be tolerated for states that have a level …
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An econometric assessment of external debt sustainability indicators in Zambia
… deficits, and become very dependent on external debt. Thus debt sustainability becomes a major policy goal. This study investigated the significant macroeconomic factors that can influence external debt sustainability. These are GDP growth; Government revenues; exports; public expenditure; …
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Fiscal Rules, Fiscal Space and Debt Sustainability for Macroeconomic Stability in Sub-Saharan Africa
… the role of fiscal rules for fiscal space, debt sustainability dynamics, and macroeconomic stability in economies of Sub-Saharan Africa (SSA). It is motivated on the premise that fiscal policy plays a primary role in a country's policy undercurrents, and that fiscal rules can enhance fiscal …
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Caso de estudio: estructura fiscal y crecimiento económico en Perú y Chile (1995 – 2022)
… in order to reduce fiscal deficits and maintain debt sustainability, objectives that were mainly driven by the mining and construction sectors. Chile, on the other hand, maintained a more stable fiscal policy, with an approach characterized by fiscal discipline and macroeconomic stability and, …
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Assessing the impact of domestic and external debt on the Gambia’s economic growth : an ardl analysis
… long-run effects of domestic and external public debt on economic growth in The Gambia, a low-income economy characterized by persistent fiscal constraints and external vulnerabilities. Using annual data from 1976 to 2023, the analysis employs the Autoregressive Distributed Lag (ARDL) bounds …
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New risks of interdependence in shifting world order – Developing a sustainable risk framework for the Belt and Road
… lending would help reassure concerns about debt sustainability. The growth of green finance may in time provide an opportunity for greater accountabilities in resource planning, transparency of lending and tracking of project deliverables. 3. In communications technology, a shared, …
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Essays on international macroeconomics
… The first two chapters are about sovereign debt and its interactions with domestic financial markets. The third chapter, coauthored with my classmate Daniel Rees, studies volatility in terms of trade. The first chapter studies how the introduction of new assets in sovereign debt markets can …
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Essays on fiscal policy and the pricing of sovereign debt
… of fiscal policy and the pricing of sovereign debt. The first chapter examines the credibility of official budgetary projections produced by the fiscal authorities of EU member states, as required under the provisions of the Stability and Growth Pact. Drawing upon existing studies, evidence is …
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Public debt in sub-Saharan African countries: determinants and economic effects
… the persistent increase in public deficits and debt across the globe. Among researchers and policy makers, this has been the subject of an intense and ongoing debate that mainly seeks to address two issues, namely, the determinants of the growing debt and the economic effects thereof. While most …
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Economic Growth and Public Debt: Beyond Debt-Thresholds. Theoretical and Empirical Issues.
The idea that public debt may represent a burden for the economic system as a whole has distant origins and focuses on who and how should pay for debt, and with what consequences on the economy. Nevertheless, particularly influential both for academic research and the implementation of the fiscal …