Key Prices for Adjustment Towards Less External Indebtedness
Author : Helmut Reisen
Publisher :
Page : 66 pages
File Size : 21,32 MB
Release : 1985
Category : Debts, External
ISBN :
Author : Helmut Reisen
Publisher :
Page : 66 pages
File Size : 21,32 MB
Release : 1985
Category : Debts, External
ISBN :
Author :
Publisher : World Bank Publications
Page : 404 pages
File Size : 43,41 MB
Release : 1994
Category : Developing countries
ISBN : 9780821326800
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 327 pages
File Size : 33,54 MB
Release : 2003-06-25
Category : Business & Economics
ISBN : 1589060601
This Guide provides clear, up-to-date guidance on the concepts, definitions, and classifications of the gross external debt of the public and private sectors, and on the sources, compilation techniques, and analytical uses of these data. The Guide supersedes the previous international guidance on external debt statistics available in External Debt: Definition, Statistical Coverage, and Methodology (known as the Gray Book), 1988. The Guides conceptual framework derives from the System of National Accounts 1993 and the fifth edition of the IMFs Balance of Payments Manual(1993). Preparation of the Guide was undertaken by an Inter-Agency Task Force on Finance Statistics, chaired by the IMF and involving representatives from the BIS, the Commonwealth Secretariat, the European Central Bank, Eurostat, the OECD, the Paris Club Secretariat, UNCTAD, and the World Bank.
Author : Mr.Daniel Leigh
Publisher : International Monetary Fund
Page : 41 pages
File Size : 15,23 MB
Release : 2011-07-01
Category : Business & Economics
ISBN : 1455294691
This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.
Author : Amitava Krishna Dutt
Publisher : Edward Elgar Publishing
Page : 220 pages
File Size : 17,60 MB
Release : 1992
Category : Business & Economics
ISBN :
This book provides the directions needed for confronting the continuing challenge of development. Lance Taylor, Joseph Stiglitz and Amitava Dutt focus primarily on recent theoretical developments and highlight significant advances in several areas especially in new structuralist and new neo-classical approaches. Ajit Singh, Keith Griffin and Kenneth Jameson consider the recent experience of developing countries and the prospects of development in coming decades.
Author : Mr.Udaibir S. Das
Publisher : International Monetary Fund
Page : 128 pages
File Size : 10,40 MB
Release : 2012-08-01
Category : Business & Economics
ISBN : 1475505531
This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.
Author : Organisation for Economic Co-operation and Development. Development Centre
Publisher :
Page : 68 pages
File Size : 21,42 MB
Release : 1992
Category :
ISBN :
Author : United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management Generally
Publisher :
Page : 94 pages
File Size : 13,33 MB
Release : 1978
Category : Debts, External
ISBN :
Author : M. Ayhan Kose
Publisher : World Bank Publications
Page : 403 pages
File Size : 47,1 MB
Release : 2021-03-03
Category : Business & Economics
ISBN : 1464815453
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Author : Haroub Othman
Publisher :
Page : 162 pages
File Size : 23,5 MB
Release : 1990
Category : Debts, External
ISBN :