Debt Sustainability Assessment: Mission Impossible
Review of Economics and Institutions
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Title |
Debt Sustainability Assessment: Mission Impossible
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Creator |
Wyplosz, Charles; Graduate Institute of International Economics and CEPR
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Subject |
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public debts, budget balance, sustainability E43, E62, E37 |
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Description |
Debt sustainability is a vexing issue. Its importance is immediately obvious but it escapes any easy definition. This situation is not unheard of in economics; price stability and full employment are examples of other crucially important policy objectives that cannot be simply defined. Yet, while price stability or full employment can both be measured with a reasonable degree of precision, debt sustainability cannot even be measured directly.
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Publisher |
University of Perugia
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Contributor |
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Date |
2011-10-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.rei.unipg.it/rei/article/view/42
10.5202/rei.v2i3.42 |
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Source |
Review of Economics and Institutions; Vol 2, No 3 (2011); 37
2038-1379 2038-1344 |
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Language |
eng
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Relation |
http://www.rei.unipg.it/rei/article/view/42/58
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Rights |
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