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...
Guardado en:
Autor principal: | |
---|---|
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 Mexicos 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 |
_version_ |
1764820423361429504 |