Staff Guidance Note for Public Debt Sustainability Analysis in Market-Access Countries

Staff Guidance Note for Public Debt Sustainability Analysis in Market-Access Countries
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Volume/Issue: Volume 2013 Issue 040
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Business and Economics , Exports and Imports , Economics- Macroeconomics , Public Finance , PP , long-term debt , debt burden indicator , debt profile , foreign currency , debt sustainability , level indicator benchmark , sustainability risk , debt dynamics , structure characteristic , distress events , Debt sustainability , Fiscal stance , Debt sustainability analysis , Debt burden , Global

Summary

The framework for fiscal policy and public debt sustainability analysis (DSA) in market-access countries (MACs) was reviewed by the Executive Board in August 2011.1 The review responded to shortcomings in identifying fiscal vulnerabilities and assessing risks to debt sustainability against the backdrop of increased concerns over fiscal policy and public debt sustainability in many advanced economies.