Fiscal Sustainability and Debt in Small Open Economies: An Application to the Caribbean

Fiscal Sustainability and Debt in Small Open Economies: An Application to the Caribbean, 2015: “Our study provides an objective measure, for small open economies, of the risk that fiscal policy may render it impossible for the Government to fully service its debt obligations. The methodology we develop does not depend on … any of the usual caveats and assumptions of the conventional analysis.”

Video of the book launch.