Debt sustainability framework for low income countries: Case study of Nicaragua

• Autores: Óscar René Vargas Delgado, Lupe García Espinoza, Elena Moreno, Lupe Páez
• Localización: Ecorfan Journal, ISSN-e 2007-1582, Vol. 3, Nº. 8, 2012, págs. 899-918
• Idioma: inglés
• Enlaces
  • Texto completo (pdf)
• Resumen

  • The debt sustainability framework (DSF) developed by the International Monetary Fund and the World Bank (BM) in 2005, applied to Nicaragua lacks elements that impede measure the presence of an excessive accumulation of debt and does not reflect the need for funding needed to meet the Millennium Development Goals (MDGs). This research includes information on the DSF and analyses the economy to identify structural problems that should be considered to cover more risks in the country. In turn we propose to implement an alternative analysis of debt sustainability to increase the effectiveness of this tool and support for the MDGs