About: Fiscal sustainability

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Fiscal sustainability, or public finance sustainability, is the ability of a government to sustain its current spending, tax and other policies in the long run without threatening government solvency or defaulting on some of its liabilities or promised expenditures. There is no consensus among economists on a precise operational definition for fiscal sustainability, rather different studies use their own, often similar, definitions. However, the European Commission defines public finance sustainability as: the ability of a government to sustain its current spending, tax and other policies in the long run without threatening the government's solvency or without defaulting on some of the government's liabilities or promised expenditures. Many countries and research institutes have published

Attributes	Values
rdf:type	disease
rdfs:label	Fiscal sustainability (en)
rdfs:comment	Fiscal sustainability, or public finance sustainability, is the ability of a government to sustain its current spending, tax and other policies in the long run without threatening government solvency or defaulting on some of its liabilities or promised expenditures. There is no consensus among economists on a precise operational definition for fiscal sustainability, rather different studies use their own, often similar, definitions. However, the European Commission defines public finance sustainability as: the ability of a government to sustain its current spending, tax and other policies in the long run without threatening the government's solvency or without defaulting on some of the government's liabilities or promised expenditures. Many countries and research institutes have published (en)
dcterms:subject	Fiscal policy Theory of taxation
Wikipage page ID	34259208 (xsd:integer)
Wikipage revision ID	1118774955 (xsd:integer)
Link from a Wikipage to another Wikipage	American Economic Review Fiscal policy Theory of taxation Debt-to-GDP ratio Public finance Generational accounting Nudge theory Government budget deficit Government spending Government budget Government debt Primary deficit Labor force Fiscal council Fiscal gap Fiscal policy Old age dependency ratio
Link from a Wikipage to an external page	http://budgetresponsibility.independent.gov.uk/links/%23overseas http://go.worldbank.org/L6OVHPEMG0 https://www.federalreserve.gov/newsevents/speech/bernanke20100427a.htm%7Cpublisher=speech https://www.researchgate.net/publication/4983741%7Cdate=January http://www.imf.org/external/ns/cs.aspx%3Fid=262
sameAs	Fiscal sustainability Fiscal sustainability Fiscal sustainability Fiscal sustainability
dbp:wikiPageUsesTemplate	dbt:Cite_journal dbt:Cite_web dbt:Reflist
has abstract	Fiscal sustainability, or public finance sustainability, is the ability of a government to sustain its current spending, tax and other policies in the long run without threatening government solvency or defaulting on some of its liabilities or promised expenditures. There is no consensus among economists on a precise operational definition for fiscal sustainability, rather different studies use their own, often similar, definitions. However, the European Commission defines public finance sustainability as: the ability of a government to sustain its current spending, tax and other policies in the long run without threatening the government's solvency or without defaulting on some of the government's liabilities or promised expenditures. Many countries and research institutes have published reports which assess the sustainability of fiscal policies based on long-run projections of country's public finances (see for example, and ). These assessments attempt to determine whether an adjustment to current fiscal policies that is required to reconcile projected revenues with projected expenditures. The size of the required adjustment is given with measures such as the Fiscal gap. In empirical works, weak and strong fiscal sustainability are distinguished. Differences are related to both econometric techniques used for examination and variables involved. (en)
gold:hypernym	Ability
prov:wasDerivedFrom	wikipedia-en:Fiscal_sustainability?oldid=1118774955&ns=0
page length (characters) of wiki page	16435 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Fiscal_sustainability
is Link from a Wikipage to another Wikipage of	Bill Mitchell (economist) Dave Camp Jonathan D. Ostry Peter G. Peterson Virginia Deficit reduction in the United States Generational accounting The Peter G. Peterson Foundation Stability and Growth Pact Henri Bogaert Maldives and the World Bank Economy of Denmark Economy of Sweden European Fiscal Compact United States federal budget Fiscal Political debates about the United States federal budget United States federal government credit-rating downgrades Atish R. Ghosh National debt of the United States Office for Budget Responsibility Euro Plus Pact Eurobond (eurozone) European Fiscal Board European PPP Expertise Centre External debt Russia and the World Bank Fiscal Responsibility and Budget Management Act, 2003 National Civic League National Commission on Fiscal Responsibility and Reform U.S.–China Strategic and Economic Dialogue Sustainable Growth Commission
is Wikipage disambiguates of	Fiscal
is foaf:primaryTopic of	wikipedia-en:Fiscal_sustainability

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