chapter  3
63 Pages

Public debt sustainability assessments for developing Asia

ByBENNO FERRARINI, ARIEF RAMAYANDI

This chapter discusses the evolution of fiscal balances and public debt ratios in developing Asia from the mid-1990s to 2010 and investigates the conditions for public debt sustainability in the region through 2016, building on the work of Adams and Ferrarini (2010). Focus is on developing Asia-which denotes the developing member countries (DMCs) of Asian Development Bank (ADB). The assessment mainly comprises the broader trends and outlook for public debt and fiscal indicators in Asia and its subregions, with country-level data aggregated by geographical subdivision. The debt dynamics and prospects of a few selected economies are discussed. An in-depth assessment of three country studies is provided in the following chapters.