This paper investigates one of the most important financial issues arising from a secession or a country partitioning namely the sharing of the national public debt. Extending Drèze's distributive neutrality condition, we use the generational accounting technique and propose a dynamic...

This paper investigates one of the most important financial issues arising from a secession or a country partioning, namely the sharing of the national public debt. Extending Dreze's distributive neutrality condition, we use the generational accounting technique and propose a dynamic...

Cattoir P. and Docquier F. (2004) Debt-sharing and secession: a generational accounting approach, Reg. Studies38, 293-303. This paper investigates one of the most important financial issues arising from a secession or a country partitioning namely the sharing of the national public debt....