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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Главный автор: Woo, David
Другие авторы: Gray, Simon
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2000.
Серии:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2000/008
Online-ссылка:Full text available on IMF