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...

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Detalles Bibliográficos
Autor principal: Berkmen, Pelin
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2007.
Colección:IMF Working Papers; Working Paper ; No. 2007/030
Acceso en línea:Full text available on IMF