Debt Sustainability

by | Jul 17, 2023 | finance

 

 

Write a research project discussing a topic on Debt Sustainability
The paper should follow the basic structure:
I. The paper should start with a short introduction/motivation section. Why should anyone care about your topic? Here talk about specifics, current events, politics, etc. (~1 pg). Be sure to establish a clear thesis (argument/focus) and lay out preliminary support you will reference throughout the next section.
– Use sources from reputable publications here (NY Times, Wall Street Journal, Economist, etc)
II. Next, you are expected to review the major contributions on the topic and the current state of the literature, citing at minimum five sources scholarly sources. This should be the bulk of your paper (~3-4 pgs). It is a literature review of your topic. If you have a specific topic (e.g. a specific trade deal, etc) then be sure to generalize your topic for this section. So if you were discussing NAFTA or Brexit, you would want to discuss recent literature on free trade agreements/areas for the literature review. Here you want to discuss general theories on your topic so that you can establish the necessary economic relationships.
– Use scholarly sources here (Journal Articles, Federal Reserve, IMF or NBER Studies, etc)
III. Extension. You just reviewed the literature on a specific subject. Here you should suggest an extension to the current literature (~.5 pgs). What is missing from the literature you reviewed (could be a new data set, case study, research methodology)?
IV. Conclusion. Wrap it up. Tie together the support presented above to call back to main thesis (~ .5 pg).
V. Reference Section that links to in-text citations. Use any citation format you choose (APA, MLA, etc), just be consistent throughout the paper. If you choose to, you can simply footnote within the text and forego this section.

Sample solution

Dante Alighieri played a critical role in the literature world through his poem Divine Comedy that was written in the 14th century. The poem contains Inferno, Purgatorio, and Paradiso. The Inferno is a description of the nine circles of torment that are found on the earth. It depicts the realms of the people that have gone against the spiritual values and who, instead, have chosen bestial appetite, violence, or fraud and malice. The nine circles of hell are limbo, lust, gluttony, greed and wrath. Others are heresy, violence, fraud, and treachery. The purpose of this paper is to examine the Dante’s Inferno in the perspective of its portrayal of God’s image and the justification of hell. 

In this epic poem, God is portrayed as a super being guilty of multiple weaknesses including being egotistic, unjust, and hypocritical. Dante, in this poem, depicts God as being more human than divine by challenging God’s omnipotence. Additionally, the manner in which Dante describes Hell is in full contradiction to the morals of God as written in the Bible. When god arranges Hell to flatter Himself, He commits egotism, a sin that is common among human beings (Cheney, 2016). The weakness is depicted in Limbo and on the Gate of Hell where, for instance, God sends those who do not worship Him to Hell. This implies that failure to worship Him is a sin.


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God is also depicted as lacking justice in His actions thus removing the godly image. The injustice is portrayed by the manner in which the sodomites and opportunists are treated. The opportunists are subjected to banner chasing in their lives after death followed by being stung by insects and maggots. They are known to having done neither good nor bad during their lifetimes and, therefore, justice could have demanded that they be granted a neutral punishment having lived a neutral life. The sodomites are also punished unfairly by God when Brunetto Lattini is condemned to hell despite being a good leader (Babor, T. F., McGovern, T., & Robaina, K. (2017). While he commited sodomy, God chooses to ignore all the other good deeds that Brunetto did.

Finally, God is also portrayed as being hypocritical in His actions, a sin that further diminishes His godliness and makes Him more human. A case in point is when God condemns the sin of egotism and goes ahead to commit it repeatedly. Proverbs 29:23 states that “arrogance will bring your downfall, but if you are humble, you will be respected.” When Slattery condemns Dante’s human state as being weak, doubtful, and limited, he is proving God’s hypocrisy because He is also human (Verdicchio, 2015). The actions of God in Hell as portrayed by Dante are inconsistent with the Biblical literature. Both Dante and God are prone to making mistakes, something common among human beings thus making God more human.

To wrap it up, Dante portrays God is more human since He commits the same sins that humans commit: egotism, hypocrisy, and injustice. Hell is justified as being a destination for victims of the mistakes committed by God. The Hell is presented as being a totally different place as compared to what is written about it in the Bible. As a result, reading through the text gives an image of God who is prone to the very mistakes common to humans thus ripping Him off His lofty status of divine and, instead, making Him a mere human. Whether or not Dante did it intentionally is subject to debate but one thing is clear in the poem: the misconstrued notion of God is revealed to future generations.

 

References

Babor, T. F., McGovern, T., & Robaina, K. (2017). Dante’s inferno: Seven deadly sins in scientific publishing and how to avoid them. Addiction Science: A Guide for the Perplexed, 267.

Cheney, L. D. G. (2016). Illustrations for Dante’s Inferno: A Comparative Study of Sandro Botticelli, Giovanni Stradano, and Federico Zuccaro. Cultural and Religious Studies, 4(8), 487.

Verdicchio, M. (2015). Irony and Desire in Dante’s” Inferno” 27. Italica, 285-297.

Sample Solution

Debt sustainability is a critical issue for many countries around the world.

Sample Solution

Debt sustainability is a critical issue for many countries around the world.

Introduction

Debt sustainability is a critical issue for many countries around the world. Rising debt levels can lead to a number of problems, including increased interest payments, decreased government spending, and even default. In recent years, debt levels have been rising in many countries, due to a combination of factors such as low interest rates, increased government spending, and financial crises.

This paper will discuss the concept of debt sustainability and the factors that affect it. The paper will also review the recent literature on debt sustainability and suggest some extensions to the current literature.

Literature Review

The concept of debt sustainability was first developed by the IMF in the early 1990s. The IMF’s debt sustainability framework is based on the idea that a country’s debt is sustainable if the government is able to meet its current and future debt obligations without resorting to exceptional financial assistance or default.

The IMF’s debt sustainability framework has been used by many countries to assess their debt situation. The framework has also been used by the World Bank and other development organizations.

The recent literature on debt sustainability has focused on a number of factors that affect debt sustainability. These factors include:

  • The level of government debt
  • The growth rate of the economy
  • The interest rate on government debt
  • The government’s fiscal policy
  • The country’s external debt

Extension to the Literature

The current literature on debt sustainability has a number of limitations. One limitation is that the literature focuses primarily on developed countries. There is a need for more research on debt sustainability in developing countries.

Another limitation of the literature is that it does not fully account for the role of financial crises in debt sustainability. Financial crises can lead to a sudden increase in government debt, which can make it more difficult for countries to achieve debt sustainability.

Conclusion

The concept of debt sustainability is an important one for many countries around the world. The recent literature on debt sustainability has identified a number of factors that affect debt sustainability. However, there is still a need for more research on debt sustainability, particularly in developing countries and in the context of financial crises.

References

  • IMF. (2002). Debt sustainability analysis. Washington, DC: International Monetary Fund.
  • World Bank. (2005). Debt sustainability in low-income countries: A framework for analysis. Washington, DC: World Bank.
  • Cruces, J. J., & Trebesch, C. (2013). Debt and growth: Is there a magic threshold? Journal of Development Economics, 104(1), 1-22.
  • Panizza, U., & Presbitero, A. F. (2014). Sovereign debt restructuring: A review of the literature. IMF Economic Review, 62(1), 117-148.

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