Fiscal Rules for Natural Disaster- and Climate Change-Prone Small States

Fiscal Rules for Natural Disaster- and Climate Change-Prone Small States

How should small states formulate a countercyclical fiscal policy to achieve economic stability and fiscal sustainability when they are prone to natural disasters, climate change, commodity price changes, and uncertain donor grants? We study how natural disasters and climate change affect long-term...

Full description

Bibliographic Details
Main Author: Ryota Nakatani
Format: Article
Language:English
Published: MDPI AG 2021-03-01
Series:Sustainability
Subjects:
fiscal rule
natural disaster
climate change
Pacific Islands
debt sustainability
recurrent expenditure
Online Access:https://www.mdpi.com/2071-1050/13/6/3135

Internet

https://www.mdpi.com/2071-1050/13/6/3135

Similar Items