public finance, budget, net expenditure, structural balance, debt sustainability analysis
Abstract :
[en] This paper discusses issues with using a DSA framework as a fiscal rule anchor.
It introduces key concepts to guide the reader's understanding and highlights
concerns about numerous assumptions that are inevitable in DSA calculation.
The paper highlights structural issues, including asymmetry in how
megatrends of aging, environmental change and a changing security and
defence needs are incorporated into the framework.
Research Center/Unit :
Cité - ULiège
Disciplines :
Economic systems & public economics
Author, co-author :
Jousten, Alain ; Université de Liège - ULiège > Département de droit > Finances publiques et politique économique
Language :
English
Title :
Debt Sustainability Analysis Methodology in the EU's New Economic Governance Framework: An assessment
