Assessing Fiscal Stress photograph

Assessing Fiscal Stress

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Originally published May 2011
Authors Emanuele Baldacci
Nazim Belhocine
Gabriela Dobrescu
Iva Petrova
Date of Reg.
Date of Upd.
ID2111623
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About Assessing Fiscal Stress


This paper develops a new index which provides early warning signals of fiscal sustainability problems for advanced and emerging economies. Unlike previous studies, the index assesses the determinants of fiscal stress periods, covering public debt default as well as near-default events. . . .

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