Innovation science and technologiy Volume 2 Issue 4 (2026)

Comparative Analysis of the Experiences of Italy, Japan, and Uzbekistan in Fiscal Stability and Public Debt Management Policy

Abdurakhimov, Abror, L. M. Tashpulatova

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Abstract

This article provides a comparative analysis of the theoretical foundations and practicalmechanisms of fiscal stability and public debt management based on the cases of Italy, Japan, and Uzbekistan.The study evaluates long-term debt sustainability, fiscal-monetary interaction, and the role of institutional factorsin debt dynamics. The research employs FTPL, the Bohn Approach, Cointegration Analysis, Markov-SwitchingModels, BOP Analysis, and Threshold-SVAR models. The findings indicate that fiscal stability depends not onlyon debt levels but also on institutional quality, policy coordination, and debt structure.

fiscal stabilitypublic debtpublic debt managementfiscal policymonetary policyfiscal dominancemonetary dominancebudget deficitfiscal rulesItalian experience

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Cite

APA 7 
Abdurakhimov, Abror & L. M. Tashpulatova (2026). Comparative Analysis of the Experiences of Italy, Japan, and Uzbekistan in Fiscal Stability and Public Debt Management Policy. Innovation science and technologiy, 2(4).
GOST R 7.0.5 
Abdurakhimov, Abror, L. M. Tashpulatova Comparative Analysis of the Experiences of Italy, Japan, and Uzbekistan in Fiscal Stability and Public Debt Management Policy // Innovation science and technologiy. 2026. Т. 2. № 4.
BibTeX 
@article{abror2026,
  author  = {Abdurakhimov, Abror and L. M. Tashpulatova},
  title   = {Comparative Analysis of the Experiences of Italy, Japan, and Uzbekistan in Fiscal Stability and Public Debt Management Policy},
  journal = {Innovation science and technologiy},
  year    = {2026},
  volume  = {2},
  number  = {4}
}
RIS 
TY  - JOUR
AU  - Abdurakhimov, Abror
AU  - L. M. Tashpulatova
TI  - Comparative Analysis of the Experiences of Italy, Japan, and Uzbekistan in Fiscal Stability and Public Debt Management Policy
JO  - Innovation science and technologiy
PY  - 2026
VL  - 2
IS  - 4
ER  -