Reconsidering External Financing of Domestic Budget Deficits : Debunking Some Received Wisdom /

The past decade has witnessed a steady increase in outstanding external sovereign debt issued by emerging market economies. This paper examines some of the 'received wisdom' regarding the benefits of external financing of domestic budget deficits and argues that it is often predicated on a...

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Автор: Woo, David
Інші автори: Gray, Simon
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2000.
Серія:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2000/008
Онлайн доступ:Full text available on IMF

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