%0 Journal Article
%T D¨ªvida p¨²blica, poupan£¿a em conta corrente do governo e super¨¢vit prim¨¢rio: uma an¨¢lise de sustentabilidade
%A Silva
%A Alexandre Manoel Angelo da
%A Pires
%A Manoel Carlos de Castro
%J Revista de Economia Pol¨ªtica
%D 2008
%I Editora 34
%R 10.1590/S0101-31572008000400005
%X on this paper, we propose a change in the primary surplus' target by the government current account saving. that concept excludes public investment from primary surplus. however, of that change has raised a question about if government current account saving represents a sustainable fiscal policy. thus, this paper analyses if the change in the primary surplus' target by the government current account saving implies a meaning modification on the debt-to-gdp ratio path. the empirical analysis, which is based on brazilian monthly data for the period 1999-2005, suggests that the change in fiscal target does not mean a lack of sustain-ability.
%K primary surplus
%K debt-to-gdp ratio
%K government current account saving.
%U http://www.scielo.br/scielo.php?script=sci_abstract&pid=S0101-31572008000400005&lng=en&nrm=iso&tlng=en