000			02611nam a22003854a 4500
001			WPIEA0781993
003			IMF
005			20190405153500.0
006			m o d
007			cr cn|||||||||
008			020129s1993 dcu o i00 0 eng d
020			_a1451850050 : _c15.00 USD
020			_z9781451850055
022			_a1018-5941
024	7		_a10.5089/9781451850055.001 _2doi
035			_a(IMF)WPIEA0781993
040			_aDcWaIMF _beng
100	1		_aParker, Karen Elizabeth.
245	1	2	_aA Framework for Assessing Fiscal Sustainability and External Viability, with An Application to India _h[electronic resource] / _cKaren Elizabeth Parker.
260			_aWashington, D.C. : _bInternational Monetary Fund, _c1993.
300			_a1 online resource (44 p.)
490	1		_aIMF Working Papers; Working Paper ; _vNo. 93/78
520	3		_aThis paper presents a simple macroeconomic simulation model which can be used to evaluate alternative fiscal strategies and their implications for external viability. It attempts to bridge the gap between the literature on fiscal sustainability and the demands of operational work. The framework, developed in a spreadsheet format, generates estimates of public spending compatible with identified targets for growth, inflation and domestic and foreign borrowing. The difference between the spending path consistent with these targets and that based on current policies is the fiscal adjustment required to meet the authorities' macroeconomic objectives. Alternatively, the framework can be used to assess the implications for inflation, interest rates and public indebtendess of a given spending path. Finally, one can analyze the impact of financial reform on fiscal and external performance. The model is applied to India to illustrate the types of simulations that may be conducted.
588			_aDescription based on print version record.
650		7	_aBalance of Payments _2imf
650		7	_aCurrent Account _2imf
650		7	_aForeign Debt _2imf
650		7	_aPublic Debt _2imf
651		7	_aIndia _2imf
700	1		_aKastner, Steffen.
700	1		_aParker, Karen Elizabeth.
776	0	8	_iPrint Version: _aParker, Karen Elizabeth. _tA Framework for Assessing Fiscal Sustainability and External Viability, with An Application to India _dWashington, D.C. : International Monetary Fund, 1993. _z9781451850055
830		0	_aIMF Working Papers; Working Paper ; _vNo. 93/78
856	4	0	_uhttp://elibrary.imf.org/view/IMF001/00041-9781451850055/00041-9781451850055/00041-9781451850055.xml _zIMF e-Library
856	4	0	_uhttp://www.imfbookstore.org/IMFORG/9781451850055 _zIMF Book Store
999			_c147828 _d147828