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Improving debt transparency is critical for promoting debt sustainability and creditworthiness assessments, increasing … of debt transparency, the costs associated with the lack of it, and its benefits, are extensively discussed in recent … World Bank literature. One of the key factors that limits debt transparency as it relates to public disclosure and the …
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With public debt levels rising in Uganda, debt transparency is critical for providing accountability to the general …. Debt and debt management transparency improve accountability and, potentially, borrowing outcomes. Over the past decade … complexity of public debt portfolios. This makes debt and debt management transparency even more important. While new sources of …
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and implications. Yet, they all amount to a lack of transparency. The international community has become acutely aware of … the importance of debt transparency after recent cases of "hidden debt" The "Tuna Bond" case in Mozambique highlighted the … dangers of inadequate debt transparency. In 2016 two large previously unreported loans totaling 1.15 billion US Dollars -equal …
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In this paper, the author considers sovereign debt in the form of one-period government bonds with default risk, which can be purchased by and traded among domestic and foreign investors. She shows that the "good equilibrium" is the only stable equilibrium under some quite general assumptions,...
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