The Global Dimension to Fiscal Sustainability

This paper provides a new perspective of fiscal sustainability and financial globalization in emerging and industrial countries. We highlight the importance of global capital market shocks for fiscal sustainability, a relationship which has hitherto been ignored in the empirical literature. Using a...

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Bibliographic Details
Main Authors: Byrne, Joseph P., Fiess, Norbert, MacDonald, Ronald
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5483