KETANGGUHAN APBN DALAM PEMBAYARAN UTANG | Zendy

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KETANGGUHAN APBN DALAM PEMBAYARAN UTANG

Author(s) -

Haryo Kuncoro

Publication year - 2011

Publication title -

deleted journal

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.505

H-Index - 4

ISSN - 2460-9196

DOI - 10.21098/bemp.v13i4.268

Subject(s) - solvency , fiscal sustainability , debt , sustainability , fiscal policy , internal debt , external debt , government debt , economics , government (linguistics) , order (exchange) , debt to gdp ratio , monetary economics , macroeconomics , business , financial system , finance , market liquidity , ecology , linguistics , philosophy , biology

This paper is designed to analyze the sustainability of the central government budget in the case of Indonesia over the period of 1999-2009. First, we explore the theoretical background of the fiscal sustainability. Second, we develop a model to capture some factors determining the fiscal sustainability. Unlike the previous studies, we use both domestic debt and foreign debt to assess the fiscal solvency. Finally, we estimate it empirically.

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