Economics, Econometrics and Finance
4 years ago

New toolkit simplifies fiscal sustainability analysis for developing countries.

World Bank policy research working paper
The "How To" Of Fiscal Sustainability : A Technical Manual For Using The Fiscal Sustainability Tool
Luca Bandiera, Nina Budina, Michel Klijn, Sweder van Wijnbergen

Paper Summary

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The article presents a toolkit for analyzing fiscal sustainability in developing countries. The toolkit includes an Excel-based tool and a manual with step-by-step instructions. It aims to help policymakers understand fiscal policy constraints and uncertainties. The tool is simple yet customizable for specific country needs. The researchers provide a practical guide for using the tool, including mathematical appendices and a glossary.