State Budget Balance, Public Debt, and International Norms
A fiscal sustainability model requires that budget revenues and expenditures be in balance while government budget constraints, ensured. Yet, it becomes problematic while failing to address the dynamism of the budget constraints, associated with the government’s role (i.e. extending its intervention...
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University of Economics Ho Chi Minh City
2023
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| Truy cập trực tuyến: | http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=b04de706-ffc0-4714-b999-3ff00c90f3f1 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115479 |
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oai:scholar.dlu.edu.vn:DLU123456789-1154792023-03-08T03:56:23Z State Budget Balance, Public Debt, and International Norms Bui, Thi Mai Hoai Su, Dinh Thanh Bui, Duy Tung A fiscal sustainability model requires that budget revenues and expenditures be in balance while government budget constraints, ensured. Yet, it becomes problematic while failing to address the dynamism of the budget constraints, associated with the government’s role (i.e. extending its intervention may affect public debt and finance). On adopting approaches by Trehan and Walsh (1991) and Hakkio and Rush (1991), which empirically tests cointegration between government revenues and its spending, this study’s aim is to assess the issue of public debt and fiscal sustainability in Vietnam. The findings, on the ground of analyzing institutional factors, demonstrate that no sustainability, as well as potential risk, is reflected by Vietnam’s public debt and fiscal policy. 2023-03-08T03:56:23Z 2023-03-08T03:56:23Z 2015 Article 2615-9112 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=b04de706-ffc0-4714-b999-3ff00c90f3f1 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115479 10.24311/jabes/2015.22.4.05 en Journal of Asian Business and Economic Studies, Volume 22, Issue 04; p. 51-75 application/pdf University of Economics Ho Chi Minh City |
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Thư viện Trường Đại học Đà Lạt |
| collection |
Thư viện số |
| language |
English |
| description |
A fiscal sustainability model requires that budget revenues and expenditures be in balance while government budget constraints, ensured. Yet, it becomes problematic while failing to address the dynamism of the budget constraints, associated with the government’s role (i.e. extending its intervention may affect public debt and finance). On adopting approaches by Trehan and Walsh (1991) and Hakkio and Rush (1991), which empirically tests cointegration between government revenues and its spending, this study’s aim is to assess the issue of public debt and fiscal sustainability in Vietnam. The findings, on the ground of analyzing institutional factors, demonstrate that no sustainability, as well as potential risk, is reflected by Vietnam’s public debt and fiscal policy. |
| format |
Article |
| author |
Bui, Thi Mai Hoai Su, Dinh Thanh Bui, Duy Tung |
| spellingShingle |
Bui, Thi Mai Hoai Su, Dinh Thanh Bui, Duy Tung State Budget Balance, Public Debt, and International Norms |
| author_facet |
Bui, Thi Mai Hoai Su, Dinh Thanh Bui, Duy Tung |
| author_sort |
Bui, Thi Mai Hoai |
| title |
State Budget Balance, Public Debt, and International Norms |
| title_short |
State Budget Balance, Public Debt, and International Norms |
| title_full |
State Budget Balance, Public Debt, and International Norms |
| title_fullStr |
State Budget Balance, Public Debt, and International Norms |
| title_full_unstemmed |
State Budget Balance, Public Debt, and International Norms |
| title_sort |
state budget balance, public debt, and international norms |
| publisher |
University of Economics Ho Chi Minh City |
| publishDate |
2023 |
| url |
http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=b04de706-ffc0-4714-b999-3ff00c90f3f1 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115479 |
| _version_ |
1819772174660009984 |