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of the combined public sector narrowed to 1.1 percent of GDP. However, poverty remains high. The reform of the …
Persistent link: https://www.econbiz.de/10011244851
This paper asks 1) whether reliance on Eurobond financing over the medium term is consistent with sound debt management … develop domestic debt markets as a complementary funding source. For 2011–12, the government plans to fully finance its …
Persistent link: https://www.econbiz.de/10011245543
, strengthened institutions, and debt relief have stabilized the economy and supported confidence building. It is critical that the …
Persistent link: https://www.econbiz.de/10011245825
debt than existing one-period models, and is especially useful for analyzing the soundness of exit strategies from the … model is used to analyze the risk profile and sustainability of Australia's public debt under different policies. …
Persistent link: https://www.econbiz.de/10008561071
default and debt distress. The index of government coerciveness is presented as a proxy for excusable versus inexcusable … international debt markets. Our findings indicate that unilateral, aggressive sovereign debt policies lead to a strong decline in … creditors can have strong signalling effects with negative spillovers on domestic firms. "Good faith" debt renegotiations may be …
Persistent link: https://www.econbiz.de/10005604853