Which is exacerbated during a time of crisis

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Question: "The problem in this study is the challenge of fiscal sustainability confronting governments in the ECCU, which is exacerbated during a time of crisis. The concept of fiscal sustainability involves the ability of the government to achieve "a balance between its revenues and expenditures intertemporally" (Mahdavi, 2014, p. 1029). Cevik and Nenda (2020) said this is currently an issue for governments of Caribbean countries given their low revenues, primary deficits, high debt in terms of GDP, and disaster-prone geographic locations.

Reference no: EM133552016

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