Government Expenditure Arrears : Securitization and Other Solutions /

On occasions, by running arrears, governments have unilaterally borrowed from domestic agents. These agents ended up with implicit claims on the government for which they had no title and that would be honored, at best, on an unspecified future date and for an uncertain value. Having untitled assets...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Ramos, Alberto
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1998.
Serie:IMF Working Papers; Working Paper ; No. 1998/070
Länkar:Full text available on IMF