Precautionary Monetary and Fiscal Policies /
This paper explains why the debt reduction motive for countries that are subject to borrowing constraints and a volatile environment is greater than for those with a more stable environment and relatively better access to the financial markets. In particular, it shows that the possibility of losing...
Κύριος συγγραφέας: | |
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Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2007.
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Σειρά: | IMF Working Papers; Working Paper ;
No. 2007/030 |
Διαθέσιμο Online: | Full text available on IMF |