Dívida pública, poupança em conta corrente do governo e superávit primário uma análise de sustentabilidade

Public debt, government current account saving and primary surplus: analysis of sustainability. On this paper, we propose a change in the primary surplus' target by the government current account saving. That concept excludes public investment from primary surplus. However, of that change has r...

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Veröffentlicht in:Brazilian journal of political economy
1. Verfasser: Silva, Alexandre Manoel Angelo da (VerfasserIn)
Weitere Verfasser: Pires, Manoel Carlos de Castro (BerichterstatterIn)
Format: UnknownFormat
Sprache:por
Veröffentlicht: 2008
Schlagworte:
Öffentlicher Haushalt > Steuerpolitik > Leistungsbilanz > Zahlungsbilanzungleichgewicht > Öffentliche Schulden > Öffentliche Ausgaben > Öffentliche Investition > Bruttoinlandsprodukt > Brasilien > Staatshaushalt > Aufsatz in Zeitschrift
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Zusammenfassung:Public debt, government current account saving and primary surplus: analysis of sustainability. On this paper, we propose a change in the primary surplus' target by the government current account saving. That concept excludes public investment from primary surplus. However, of that change has raised a question about if government current account saving represents a sustainable fiscal policy. Thus, this paper analyses if the change in the primary surplus' target by the government current account saving implies a meaning modification on the debt-to-GDP ratio path. The empirical analysis, which is based on Brazilian monthly data for the period 1999-2005, suggests that the change in fiscal target does not mean a lack of sustainability. (Rev Econ Polit/GIGA)
Beschreibung:Zsfassung in engl. Sprache
Beschreibung:graph. Darst.
Tab., Lit.Hinw., Lit. S. 627-628
ISSN:0101-3157