Living with Debt How to Limit the Risks of Sovereign Finance
| Author/creator | Borensztein, Eduardo Author |
| Other author | Yeyati, Eduardo Levy Author |
| Other author | Panizza, Ugo Author |
| Format | Electronic |
| Publication Info | New York : Americas Society Cambridge : Harvard University Press [Distributor] |
| Description | 326 p. ill 06.840 x 08.840 in. |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Subjects |
| Series | David Rockefeller/Inter-American Development Bank Ser. |
| Summary | Annotation <p><i>Living with Debt</i> focuses on how to manage sovereign debt safely and effectively. The report traces the history of sovereign borrowing in Latin America, releases a new data set on public debt, and analyzes the evolution of debt, highlighting the recent trend toward higher levels of domestic debt and lower external borrowing. The report also includes a detailed study of the costs of sovereign defaults such as those that have affected some Latin American countries in recent years.</p><p>Drawing from in-depth country studies, the report notes the development of domestic debt markets, which have the potential to increase the availability of finance for the private sector and enhance financial markets' stability more generally. However, the report concludes that safely managing domestic debt presents somewhat different--but not necessarily simpler--challenges. In particular, the broader range of debt instruments interacts with the variety of shocks to which economies are exposed, requiring a more comprehensive approach to debt sustainability analysis, which the report outlines.</p> |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| ISBN | 9781597820332 |
| ISBN | 1597820334 (Perfect) Active Record |
| Standard identifier# | 9781597820332 |
| Stock number | 00077547 |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |