The "How to" of Fiscal Sustainability : A Technical Manual for Using the Fiscal Sustainability Tool

Fiscal sustainability analysis (FSA) is an important component of macroeconomic analysis for many developing countries. To further enhance understanding of fiscal policy and the constraints faced by policymakers, the authors develop a toolkit for FSA in middle-income countries which builds on previous work in this area and on new developments in dealing with uncertainty. The FSA toolkit includes an Excel-based FSA tool and a technical manual accompanying it. The FSA tool is standardized and simple, but at the same time flexible enough to allow for user-defined country-specifics. This manual provides step-by-step technical instructions for running the FSA tool and includes mathematical appendices and a glossary.

Bibliographic Details

Main Authors:	Bandiera, Luca, Budina, Nina, Klijn, Michel, van Wijnbergen, Sweder
Language:	English
Published:	World Bank, Washington, DC 2007-03
Subjects:	BASE YEAR, BENCHMARK, CAPITAL GAIN, CENTRAL BANK, CONSUMER PRICE INDEX, DEBT, DEBT ACCUMULATION, DEBT CRISES, DEBT DATA, DEBT DECOMPOSITION, DEBT DYNAMICS, DEBT RATIO, DEBT RATIOS, DEBT SERVICE, DEBT STOCK, DEBT STOCKS, DEBT SUSTAINABILITY, DEFICIT REDUCTION, DEFICITS, DEVALUATION, DOMESTIC DEBT, DOMESTIC DEBT STOCK, DOMESTIC INFLATION, DOMESTIC PUBLIC DEBT, DYNAMIC CONSISTENCY, ECONOMIC SECTORS, ELASTICITY, EXCHANGE RATE DEVALUATION, EXCHANGE RATES, EXTERNAL DEBT, EXTERNAL DEBT MANAGEMENT, EXTERNAL DEBT STOCK, EXTERNAL PUBLIC DEBT, FISCAL ADJUSTMENT, FISCAL ASSUMPTIONS, FISCAL BALANCE, FISCAL BUDGET, FISCAL DEFICIT, FISCAL POLICY, FISCAL REACTION, FISCAL REACTION FUNCTION, FISCAL RULE, FISCAL SUSTAINABILITY, FOREIGN BORROWING, FOREIGN CURRENCY DEBT, FOREIGN DEBT, FOREIGN INTEREST RATE, GDP, GDP DEFLATOR, GOVERNMENT BUDGET, GOVERNMENT DEBT, GOVERNMENT SECURITIES, GROSS DEBT, GROSS DOMESTIC PRODUCT, GROWTH RATE, INFLATION, INFLATION RATE, INFLATION RATES, INTEREST RATES, LIQUIDITY, MACROECONOMIC ANALYSIS, MIDDLE INCOME COUNTRIES, NET DEBT, NOMINAL EXCHANGE RATE, NOMINAL INCOME, NOMINAL INTEREST RATE, PUBLIC, PUBLIC DEBT, PUBLIC INTEREST, PUBLIC SECTOR, PUBLIC SECTOR DEBT, PUBLIC SECTOR DEFICIT, REAL EXCHANGE RATE, REAL GDP, REAL GROWTH, REAL INTEREST RATE, SHORT TERM DEBT, SOLVENCY, STOCK OF DEBT, TAX, TAX REVENUE, TREASURY,
Online Access:	http://documents.worldbank.org/curated/en/2007/03/7459520/fiscal-sustainability-technical-manual-using-fiscal-sustainability-tool https://hdl.handle.net/10986/7255
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