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Fiscal Sustainability: The Case of Eritrea

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  • Ayumu Yamauchi

Abstract

The paper examines fiscal sustainability issues for the case of Eritrea but has wider implications for addressing fiscal and debt sustainability. It begins with a formal definition and explanation of analytical sustainability indicators, followed by an assessment of the causes of fiscal deficits and their impact on the usual indicators of fiscal and external debt sustainability. The paper then goes beyond the usual analytical indicators by attempting to identify how and through which channels fiscal and other economic policies have affected the behavior of endogenous variables that in one way or another influence sustainability.

Suggested Citation

  • Ayumu Yamauchi, 2004. "Fiscal Sustainability: The Case of Eritrea," IMF Working Papers 2004/007, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2004/007
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    References listed on IDEAS

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    1. Mr. Nigel A Chalk & Mr. Richard Hemming, 2000. "Assessing Fiscal Sustainability in Theory and Practice," IMF Working Papers 2000/081, International Monetary Fund.
    2. Mr. Oscar E Melhado Orellana, 2003. "Fiscal Sustainability and Resource Mobilization in the Dominican Republic," IMF Working Papers 2003/019, International Monetary Fund.
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    Cited by:

    1. Paunovic, Igor, 2005. "Public debt sustainability in the northern countries of Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    2. Aman, Moustapha & Nenovsky, Nikolay, 2022. "Stabilité monétaire et Currency Board régional : Vers un système à deux niveaux pour accélérer l'intégration régionale dans la Corne de l'Afrique. (Une proposition de politique monétaire) [Monetary," MPRA Paper 115298, University Library of Munich, Germany.
    3. Rena, Ravinder, 2006. "War-Torn Eritrean Economy – Some Issues And Trends," MPRA Paper 10806, University Library of Munich, Germany.
    4. Ravinder Rena, 2005. "Challenges for Food Security in Eritrea: A Descriptive and Qualitative Analysis," African Development Review, African Development Bank, vol. 17(2), pages 193-212.
    5. Moustapha Aman & Nikolay Nenovsky, 2022. "Monetary stability and regional currency board: towards a two-tier system to accelerate regional integration in the Horn of Africa: a policy proposal," Working Papers hal-04084421, HAL.

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