) mission introduced. A comprehensive action plan has been introduced to improve the business climate. The outstanding debt …

also studies the case in which the government conducts a voluntary debt restructuring to capture the capital gains from the … increase in its debt market value implied by a rule announcement. In addition, the paper shows how debt ceilings may reduce the …

strengthening fiscal consolidation, lowering the debt ratios, and ensuring the consistency of fiscal policies with the currency …

The 2007/8 financial crisis exposed and exacerbated the debt pathologies of the ‘West’. The paper examines whether the … new global debt relations that have been generated by this crisis have transformed global power politics, changing the way … advanced and emerging economies and examines a number of key indicators related to debt, indebtedness and financial leverage …

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 …