Public Debt Targeting An Application to the Caribbean

Public Debt Targeting An Application to the Caribbean
This paper proposes a fiscal policy framework we call Public Debt Targeting. The framework seeks to smooth primary spending over the business cycle while remaining consistent with public debt sustainability. Under the proposed framework, a government announces a commitment to a public debt band trajectory over the medium term, while sequentially... READ MORE...

Publication date: August 2011
ISBN 9781463902148
$18.00

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