Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks

The paper focuses on debt management, and examines the concept of debt sustainability as defined by different authors and applied by the IMF. However, proposes a new definition and a different approach. Assessment procedures for the new approach are suggested as also some actions to develop a govern...

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Detalles Bibliográficos
Autor principal: Luis Foncerrada
Formato: Artículo científico
Publicado: Universidad Autónoma Metropolitana Unidad Azcapotzalco 2005
Materias:
Acceso en línea:http://www.redalyc.org/articulo.oa?id=41304409
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-022&d=41304409oai
Aporte de:
id I16-R122-41304409oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
topic Economía y Finanzas
debt management
debt sustainability
fiscal sustainability
financial markets
government securities
financial risks
spellingShingle Economía y Finanzas
debt management
debt sustainability
fiscal sustainability
financial markets
government securities
financial risks
Luis Foncerrada
Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks
topic_facet Economía y Finanzas
debt management
debt sustainability
fiscal sustainability
financial markets
government securities
financial risks
description The paper focuses on debt management, and examines the concept of debt sustainability as defined by different authors and applied by the IMF. However, proposes a new definition and a different approach. Assessment procedures for the new approach are suggested as also some actions to develop a government securities market. In the last part, it proposes an interpretation of Mexico’s 1982 and 1994-95 crises, as a result of two factors, the overlooking of basic financial risks and a poor conception of debt sustainability.
format Artículo científico
Artículo científico
author Luis Foncerrada
author_facet Luis Foncerrada
author_sort Luis Foncerrada
title Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks
title_short Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks
title_full Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks
title_fullStr Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks
title_full_unstemmed Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks
title_sort public debt sustainability. notes on debt sustainability, development of a domestic governmet securities market and financial risks
publisher Universidad Autónoma Metropolitana Unidad Azcapotzalco
publishDate 2005
url http://www.redalyc.org/articulo.oa?id=41304409
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-022&d=41304409oai
work_keys_str_mv AT luisfoncerrada publicdebtsustainabilitynotesondebtsustainabilitydevelopmentofadomesticgovernmetsecuritiesmarketandfinancialrisks
bdutipo_str Repositorios
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