SUGERAREA UNOR INDICATORI PENTRU O MĂSURARE MAI BUNĂ A SUSTENABILITĂȚII DATORIEI PUBLICE
SUGGESTING SOME INDICATORS FOR A BETTER MEASUREMENT OF PUBLIC DEBT SUSTAINABILITY

Summary/Abstract: Ensuring the sustainability of public debt is anextremely important element in the context of instability and the conjecturalor structural vulnerability of the economies of the world and of our country.The article proposes a theoretical and applicative analysis on the improvementof public debt sustainability analysis tools, through a series of indicators,for countries with unrestricted access to international capital markets,starting from the framework developed by the International Monetary Fund. Theseindicators aim at completing the image of the public debt sustainabilityanalysis based on the International Monetary Fund model and implicitly theInternational Monetary Fund indicators. Without claiming to provide a perfectpicture, the proposed indicators are meant to improve the content andusefulness of the public debt sustainability analysis of countries withunrestricted access to international capital markets (including Romania) as adesirable complement to the International Monetary Fund methodology.

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