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Title Analyzing Public Debt Sustainability: Empirical Evidence from selected South Asian Countries

Author(s) Ms Rimsha Amin

Abstract The purpose of this study is to examine the sustainability of the debt of selected South Asian nations. The majority of South Asian countries have stated that they will attempt to fulfill the Sustainable Development Goals (SDGs) that the United Nations has set. Supporting efforts to attain these goals, particularly those relating to the elimination of poverty, the development of infrastructure, and the provision of social welfare is dependent on effective debt management and fiscal sustainability. The advanced statistical methods are applied to analyze debt sustainability in South Asian nations. The focus is on understanding the relationship between various economic factors and debt dynamics, without delving into the complexities of specific tests and models used. This approach provides clear insights into fiscal management and sustainability. The analysis, while complex, reveals key insights into the dynamics of public budget management in relation to external revenue, trade openness, and organizational governance in South Asian nations. It indicates the necessity for ongoing research and refinement in fiscal policy modeling to enhance debt sustainability and support the achievement of Sustainable Development Goals in these regions. The study concludes that for South Asian nations, effective debt risk management is pivotal in ensuring fiscal sustainability and achieving Sustainable Development Goals (SDGs). It recommends the creation of comprehensive debt risk management frameworks, emphasizing the importance of conducting detailed stress tests and vulnerability assessments. This approach is vital for these countries to manage their debt responsibly, mitigate risks, and ensure economic stability in the face of potential external shocks

Type Thesis/Dissertation MS

Faculty Management Sciences

Department Economics

Language English

Publication Date 2024-01-18

Subject Economics

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