as they were a decade ago. Since debt relief provided under HIPC will free government resources, the initiative will … deviations from these are likely to lead to a rapid accumulation of debt, so debt sustainability – as reflected in the debt …

, increasing convergence with the core Euro countries. However, the debt crisis dramatically worsened citizens' perceptions of …

regimesemerge, depending on the institutional setting of the respective model economy:the debt-led private demand boom regime (DLPD … government deficits, on the one hand, andELMregimes, on the other, depending ontherequired deleveraging of private household debt …

Recently there have been a number of recommendations to increase the role of subordinated debt (SND) in satisfying bank …

Several recent studies have recommended greater reliance on subordinated debt as a tool to discipline bank risk taking …. Some of these proposals recommend using subordinated debt yield spreads as additional triggers for supervisory discipline … suggests that subordinated debt spreads dominate the current capital measures used to trigger PCA and consideration should be …

international debt in which only governments borrow and lend internationally and decentralized arrangements in which individuals …

Several recent studies have recommended greater reliance on subordinated debt as a tool to discipline bank risk taking …. Some of these proposals recommend using sub-debt yield spreads as triggers for supervisory discipline under prompt … analysis of the relative accuracy of various capital ratios and sub-debt spreads in predicting bank condition, measured as …

management. One means recommended to accomplish this is to increase the role of subordinated debt in the bank capital requirement … modified and what might be accomplished by the modification. On the one extreme, some discussions of sub-debt seem to imply … that merely requiring banks to issue debt would solve all safety and soundness related concerns. At the other extreme are a …