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Assessing new approaches to fiscal sustainability analysis (Inglés)

The term fiscal sustainability has many definitions, though it almost always refers to the fiscal policies of a government or the public sector. One concept of sustainability relates to solvency, the ability of the government to service its debt obligations in perpetuity without explicit default. Rarely does fiscal sustainability analysis reach the conclusion that a government is insolvent unless it is already obvious to all concerned that it is insolvent...
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