%0 Journal Article
%T Analytical Framework for Fiscal Sustainability: A Review
%A Krishanu Pradhan
%J Review of Development and Change
%@ 2632-055X
%D 2019
%R 10.1177/0972266119845951
%X Abstract Continuous assessment of fiscal sustainability is essential to macroeconomic policy research for identifying the sources of risk and vulnerability in the fiscal and macro structure of a country and suggesting appropriate policy to avoid abrupt macroeconomic crises. In this context, this review-cum-technical note is an attempt to provide theoretical and empirical backgrounds for assessing the soundness of a country¡¯s current and future fiscal policies. Since fiscal sustainability analysis is a multidimensional problem, the present study presents various approaches to fiscal sustainability with theoretical and empirical frameworks to understand the issue from an academic as well as practitioner¡¯s perspective
%K Fiscal imbalance
%K fiscal sustainability
%K public debt
%K budgetary deficit
%U https://journals.sagepub.com/doi/full/10.1177/0972266119845951