Sovereign Debt Structure for Crisis Prevention:
Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: Borensztein, Eduardo (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 2005
Schriftenreihe:Occasional Papers Occasional Paper No. 237
Links:http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
http://elibrary.imf.org/view/IMF084/06363-9781589063778/06363-9781589063778/06363-9781589063778.xml
Abstract:The debate on government debt in the context of possible reforms of the international financial architecture has thus far focused on crisis resolution. This paper seeks to broaden this debate. It asks how government debt could be structured to pursue other objectives, including crisis prevention, international risk-sharing, and facilitating the adjustment of fiscal variables to changes in domestic economic conditions. To that end, the paper considers recently developed analytical approaches to improving sovereign debt structure using existing instruments, and reviews a number of proposals--including the introduction of explicit seniority and GDP-linked instruments--in the sovereign context
Umfang:1 Online-Ressource (69 p)
ISBN:1589063775
9781589063778