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Dynamic Analysis of Public and External Debt Sustainability

Ante Babić
Ivo Krznar
Danijel Nestić
Sandra Švaljek


Puni tekst: engleski pdf 1.206 Kb

str. 53-104

preuzimanja: 435

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Sažetak

This study builds the framework for the analysis of external and public debt sustainability aimed at providing an objective assessment of the outstanding debt stock and forecasting its evolution over time. The analysis incorporates projections of key macroeconomic variables and projections of debt developments as well as analysis of sensitivity of the projected debt ratio to various macroeconomic shocks. The results of sensitivity analysis can then be used to make qualitative judgements on debt sustainability and to recognize major risks.

Ključne riječi

public debt, external debt, sustainability analysis

Hrčak ID:

6316

URI

https://hrcak.srce.hr/6316

Posjeta: 907 *