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https://www.um.edu.mt/library/oar/handle/123456789/33234
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DC Field | Value | Language |
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dc.date.accessioned | 2018-08-31T07:04:06Z | - |
dc.date.available | 2018-08-31T07:04:06Z | - |
dc.date.issued | 2013 | - |
dc.identifier.citation | Farrugia, J., & Grech, O. (2013). Assessing the sustainability of Maltese government debt. Central Bank of Malta WP/04/2013. | en_GB |
dc.identifier.uri | https://www.um.edu.mt/library/oar//handle/123456789/33234 | - |
dc.description.abstract | This study discusses the concept of fiscal sustainability and, by so doing, sheds light on government debt dynamics. It then presents a conventional debt sustainability analysis (DSA) exercise to gauge the sustainability of Maltese general government debt over the medium to long term. The exercise consists of two alternative scenarios which reveal how the government debt-to-GDP ratio might evolve over the next decade. For robustness, each scenario is subjected to a number of adverse shocks. The results suggest that Maltese government debt is sustainable, but this comes with important caveats. | en_GB |
dc.language.iso | en | en_GB |
dc.publisher | Central Bank of Malta | en_GB |
dc.rights | info:eu-repo/semantics/openAccess | en_GB |
dc.subject | Debts, Public -- Malta -- Evaluation | en_GB |
dc.subject | Fiscal policy -- Malta | en_GB |
dc.subject | Finance, Public -- Malta | en_GB |
dc.subject | Gross domestic product -- Malta | en_GB |
dc.title | Assessing the sustainability of Maltese government debt | en_GB |
dc.type | workingPaper | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder. | en_GB |
dc.contributor.corpauthor | Central Bank of Malta | en_GB |
dc.description.reviewed | N/A | en_GB |
dc.contributor.creator | Farrugia, John | - |
dc.contributor.creator | Grech, Owen | - |
Appears in Collections: | 2013 |
Files in This Item:
File | Description | Size | Format | |
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Assessing_the_sustainability_of_Maltese_government_debt_2013.pdf | 1.46 MB | Adobe PDF | View/Open |
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