In this paper, the author considers sovereign debt in the form of one-period government bonds with default risk, which … debt share also determines the default risk: a higher domestic debt share means a lower default risk, ceteris paribus …, which leads to a lower risk premium; while a lower domestic debt share means a higher default risk and a higher risk premium …

In this paper, the author considers the sovereign debt in the form of one-period government bonds with default risk …' interest by the borrowing government at the time of debt repayment, which captures the lenders' trust in the government …'s propensity to repay the debt and is denoted as », also determines the default risk: a higher » means a lower default risk ceteris …

general government each: public debt, a cyclically-adjusted budget balance, with or without special allowance for public …

and public debt. Given that ministries and other state administration bodies know that their financial reports can be …

suggests that SFA may be used strategically to reduce budget deficit and public debt. As such, SFA impairs fiscal transparency … SFA is inversely related to public debt, whereas the inverse relationship between budget balance and SFA is not confirmed …

, which have developed in recent years with economic, financial and sovereign debt crises. While the contributions included …

Ghana has a lengthy history of accumulating public debt, primarily driven by the expansion of fiscal deficits. This has … resulted in a persistent increase in the public debt ratio, as the country borrowed both externally and internally to stimulate … economic growth and augment its capital stock. However, this trajectory has led to concerns about debt sustainability. The …