Serkan Arslanalp, Barry Eichengreen, Peter Blair Henry
{"title":"持续减债：牙买加的例外","authors":"Serkan Arslanalp, Barry Eichengreen, Peter Blair Henry","doi":"10.1353/eca.2024.a943915","DOIUrl":null,"url":null,"abstract":"<p><p>Reducing high public debt is key for countries seeking to restore fiscal capacity and resilience in the wake of recent crises. But large debt reductions are rare. Jamaica stands out for reducing its debt from 144 percent of GDP to 72 percent over the last decade, a record achieved by running large, persistent primary budget surpluses. Well-designed fiscal rules combined with social partnership agreements making for fiscal ownership are at the root of its achievement.</p></p>","PeriodicalId":51405,"journal":{"name":"Brookings Papers on Economic Activity","volume":"22 1","pages":""},"PeriodicalIF":2.7000,"publicationDate":"2024-11-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Sustained Debt Reduction: The Jamaica Exception\",\"authors\":\"Serkan Arslanalp, Barry Eichengreen, Peter Blair Henry\",\"doi\":\"10.1353/eca.2024.a943915\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p><p>Reducing high public debt is key for countries seeking to restore fiscal capacity and resilience in the wake of recent crises. But large debt reductions are rare. Jamaica stands out for reducing its debt from 144 percent of GDP to 72 percent over the last decade, a record achieved by running large, persistent primary budget surpluses. Well-designed fiscal rules combined with social partnership agreements making for fiscal ownership are at the root of its achievement.</p></p>\",\"PeriodicalId\":51405,\"journal\":{\"name\":\"Brookings Papers on Economic Activity\",\"volume\":\"22 1\",\"pages\":\"\"},\"PeriodicalIF\":2.7000,\"publicationDate\":\"2024-11-19\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Brookings Papers on Economic Activity\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.1353/eca.2024.a943915\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Brookings Papers on Economic Activity","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1353/eca.2024.a943915","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
摘要
对于在近期危机后寻求恢复财政能力和复原力的国家来说，减少高额公共债务是关键所在。但大幅削减债务的情况并不多见。牙买加在过去十年中将其债务占 GDP 的比例从 144% 降至 72%，这一记录是通过大量、持续的基本预算盈余实现的。牙买加取得这一成就的根本原因在于其精心设计的财政规则与社会伙伴关系协议相结合，实现了财政自主权。
Reducing high public debt is key for countries seeking to restore fiscal capacity and resilience in the wake of recent crises. But large debt reductions are rare. Jamaica stands out for reducing its debt from 144 percent of GDP to 72 percent over the last decade, a record achieved by running large, persistent primary budget surpluses. Well-designed fiscal rules combined with social partnership agreements making for fiscal ownership are at the root of its achievement.
期刊介绍：
The Brookings Papers on Economic Activity (BPEA) is a semi-annual academic conference and journal that pairs rigorous research with real-time policy analysis to address the most urgent economic challenges of the day. Working drafts of the papers are presented and discussed at conferences typically held twice each year, and the final versions of the papers and comments along with summaries of the general discussions are published in the journal several months later. The views expressed by the authors, discussants and conference participants in BPEA are strictly those of the authors, discussants and conference participants, and not of the Brookings Institution. As an independent think tank, the Brookings Institution does not take institutional positions on any issue.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
