The debate on government debt in the context of possible reforms of the international financial architecture has thus far focused on crisis resolution. This paper seeks to broaden this debate. It asks how government debt could be structured to pursue other objectives, including crisis prevention, international risk-sharing, and facilitating the adjustment of fiscal variables to changes in domestic economic conditions. To that end, the paper considers recently developed ...
[PDF.bf25] Sovereign Debt Structure for Crisis Prevention: 237 (Occasional Paper (Intl Monetary Fund)) Rating: 3.89 (619 Votes)
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