Abstract:
Nothing really new in this short classroom handout---just a brief yet detailed exposition of the simple but inexorable algebra of fiscal sustainability in an open economy.
Keywords:fiscal sustainability; external sustainability; open economy; government debt (search for similar items in EconPapers) JEL-codes:H3E6H8 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-mfd and nep-pbe Date: 2003-10-29, Revised 2005-05-26 Note: What you do in Vegas, stays in Vegas. Type of Document - pdf; prepared on MacOSX CMacTeX; pages: 14; figures: none.