Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/33234
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dc.date.accessioned2018-08-31T07:04:06Z-
dc.date.available2018-08-31T07:04:06Z-
dc.date.issued2013-
dc.identifier.citationFarrugia, J., & Grech, O. (2013). Assessing the sustainability of Maltese government debt. Central Bank of Malta WP/04/2013.en_GB
dc.identifier.urihttps://www.um.edu.mt/library/oar//handle/123456789/33234-
dc.description.abstractThis 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.isoenen_GB
dc.publisherCentral Bank of Maltaen_GB
dc.rightsinfo:eu-repo/semantics/openAccessen_GB
dc.subjectDebts, Public -- Malta -- Evaluationen_GB
dc.subjectFiscal policy -- Maltaen_GB
dc.subjectFinance, Public -- Maltaen_GB
dc.subjectGross domestic product -- Maltaen_GB
dc.titleAssessing the sustainability of Maltese government debten_GB
dc.typeworkingPaperen_GB
dc.rights.holderThe 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.corpauthorCentral Bank of Maltaen_GB
dc.description.reviewedN/Aen_GB
dc.contributor.creatorFarrugia, John-
dc.contributor.creatorGrech, Owen-
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