Policy Brief No. 4

Fiscal Architecture of Displacement

Sovereign finance and the recurrent fiscal obligation problem.

Author
Samuel Cheung
Publication type
Policy Brief
Publication date
June 2026

Abstract

This policy brief sets out the fiscal architecture of displacement, showing how sovereign finance, public budgets, social protection systems, and development finance shape the recurrent obligations created by displacement.

Keywords

displacement governancefiscal architecturesovereign financesocial protectionpublic finance

Recommended citation

Cheung, Samuel. 2026. Fiscal Architecture of Displacement: Sovereign Finance and the Recurrent Fiscal Obligation Problem. Displacement Policy, Policy Brief No. 4.

Scholarly mirrors and citation links

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