Coverart for item
The Resource What level of public debt could India target?, prepared by Petia Topalova and Dan Nyberg

What level of public debt could India target?, prepared by Petia Topalova and Dan Nyberg

Label
What level of public debt could India target?
Title
What level of public debt could India target?
Statement of responsibility
prepared by Petia Topalova and Dan Nyberg
Creator
Contributor
Author
Issuing body
Subject
Genre
Language
eng
Summary
This paper discusses possible medium-term public debt targets for India, based on evidence from the economic literature on prudent levels of public debt and the feasibility for the country to meet a particular target over the next 5-6 years. While recognizing the challenges in determining an appropriate debt target, cross-country analysis and simulations suggest that a debt ratio in the range of 60-65 percent of GDP by 2015/16 might be suitable for India. Such a debt ceiling, while still above the average debt level for emerging markets, is within the range of debt ratios that would provide room for countercyclical fiscal policy and contingent liabilities. It would also send a strong signal of the government's commitment to fiscal consolidation by making a clear break with the past
Member of
Action
digitized
Cataloging source
CUS
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Topalova, Petia
Illustrations
illustrations
Index
no index present
LC call number
HG3810
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Nyberg, Dan
  • International Monetary Fund
Series statement
IMF Working Paper,
Series volume
WP/10/7
http://library.link/vocab/subjectName
  • Debts, Public
  • Fiscal policy
  • Debts, Public
  • Fiscal policy
  • India
Label
What level of public debt could India target?, prepared by Petia Topalova and Dan Nyberg
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 25-26)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • I. Introduction; II. What is an Appropriate Public Debt Ceiling Target?; A. Theoretical Considerations; B. Empirical Evidence; C. Country Experience; III. What is an Appropriate Debt Target/Ceiling for India?; A. Sustainability of Public Debt; Text Tables; 1. Examples of Debt Ceilings; 2. Selected Emerging Countries: Average Growth-Interest Differential; B. Thresholds of Debt Intolerance; 3. Benchmark Public Debt-to-GDP Ratio: Sensitivity to Primary Surplus and Interest- Growth Rate Differential; 4a. Country Ratings, Public Debt Ratios and Clubs
  • 4b. Predicted Debt Thresholds for IndiaC. Public Debt Ratio of Emerging Markets; 5. General Government Debt Ratios Among Sample of Emerging Countries; IV. What is a Feasible Debt Target/Ceiling for India? Debt Simulation Results; A. Historical Perspective; B. Debt Simulations; V. Conclusion; 6. Path of India's General Government Debt: Scenarios; Figures; 1. Baseline Scenario: Public Debt Sustainability Bound Tests; 2. Combined Scenario: Public Debt Sustainability Bound Tests; References
Control code
724561008
Dimensions
unknown
Extent
1 online resource (26 pages)
Form of item
online
Isbn
9781283565493
Issn
2227-8885
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781451918564.001
Other physical details
color illustrations
Reproduction note
Electronic reproduction.
Sound
unknown sound
Specific material designation
remote
System control number
(OCoLC)724561008
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Label
What level of public debt could India target?, prepared by Petia Topalova and Dan Nyberg
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 25-26)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • I. Introduction; II. What is an Appropriate Public Debt Ceiling Target?; A. Theoretical Considerations; B. Empirical Evidence; C. Country Experience; III. What is an Appropriate Debt Target/Ceiling for India?; A. Sustainability of Public Debt; Text Tables; 1. Examples of Debt Ceilings; 2. Selected Emerging Countries: Average Growth-Interest Differential; B. Thresholds of Debt Intolerance; 3. Benchmark Public Debt-to-GDP Ratio: Sensitivity to Primary Surplus and Interest- Growth Rate Differential; 4a. Country Ratings, Public Debt Ratios and Clubs
  • 4b. Predicted Debt Thresholds for IndiaC. Public Debt Ratio of Emerging Markets; 5. General Government Debt Ratios Among Sample of Emerging Countries; IV. What is a Feasible Debt Target/Ceiling for India? Debt Simulation Results; A. Historical Perspective; B. Debt Simulations; V. Conclusion; 6. Path of India's General Government Debt: Scenarios; Figures; 1. Baseline Scenario: Public Debt Sustainability Bound Tests; 2. Combined Scenario: Public Debt Sustainability Bound Tests; References
Control code
724561008
Dimensions
unknown
Extent
1 online resource (26 pages)
Form of item
online
Isbn
9781283565493
Issn
2227-8885
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781451918564.001
Other physical details
color illustrations
Reproduction note
Electronic reproduction.
Sound
unknown sound
Specific material designation
remote
System control number
(OCoLC)724561008
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

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