COORDINATING GOVERNMENT FISCAL POLICY AND DEBT MANAGEMENT: BIBLIOMETRIC ANALYSIS AND VISUALIZATION

Abstract

The coordination of government fiscal policy and debt management is critical for economic stability, yet emerging economies face distinct challenges in balancing fiscal sustainability with growth objectives. This study addresses the research gap regarding the interplay between fiscal space, debt dynamics, and policy coordination, particularly in understudied regional contexts. Using a bibliometric analysis of 562 Scopus-indexed publications (1999-2024), we employ citation network analysis, keyword co-occurrence mapping, and burst detection to identify evolving research trends and thematic clusters. Results reveal that fiscal sustainability and debt responsiveness are central concerns, with emerging themes including fiscal reaction functions, COVID-19 impacts, and sovereign debt management. The study highlights the need for context-sensitive fiscal rules and improved policy coordination to enhance debt sustainability in infrastructure-focused development settings. These findings offer practical insights for policymakers designing fiscally responsible growth strategies.