BUDGETARY SUSTAINABILITY: STATE IN RUSSIA

БЮДЖЕТНАЯ УСТОЙЧИВОСТЬ: СОСТОЯНИЕ В РОССИИ

Mikhaylova Anna () and Timushev Evgeny ()
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Mikhaylova Anna: Russian Presidential Academy of National Economy and Public Administration
Timushev Evgeny: Russian Presidential Academy of National Economy and Public Administration, https://www.ranepa.ru/eng/

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: Fiscal sustainability presupposes, on the one hand, balanced development (sustainability in the long term), and on the other, resilience, that is, short-term resilience to external shocks. Debt sustainability provides the conditions for countercyclical fiscal policy.

Keywords: fiscal sustainability; countercyclical fiscal policy (search for similar items in EconPapers)
Pages: 21 pages
Date: 2021-01
New Economics Papers: this item is included in nep-cis
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