Fiscal Sustainability in Developing Asia

Adams, Charles; Ferrarini, Benno; Park, Donghyun | June 2010
Abstract
Charles Adams, Benno Ferrarini, and Donghyun Park empirically examine the conventional wisdom that developing Asia has been fiscally responsible in the past. Their evidence confirms that the region’s public finances are generally healthy as a result of historical fiscal discipline. Nevertheless, their forward-looking scenario analysis indicates that failure to withdraw the region’s anticrisis fiscal stimulus in a timely manner may jeopardize fiscal sustainability in the future.
Citation
Adams, Charles; Ferrarini, Benno; Park, Donghyun. 2010. Fiscal Sustainability in Developing Asia. © Asian Development Bank. http://hdl.handle.net/11540/1949. License: CC BY 3.0 IGO.
ISSN
1655-5252
Keywords
Economic Development
Economic Infrastructure
Economic Policies
Regional Economic Development
Microfinance Programs
Public Finance
Local Financing
Financial Stability
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Citable URI
http://hdl.handle.net/11540/1949
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