Resolving a Large Contingent Fiscal Liability : Eastern European Experiences /

On occasion, a government may find itself confronted with a need to address a large contingent or off balance sheet fiscal liability. Implementing a settlement raises issues of fiscal sustainability and macroeconomic stability. This paper surveys the key design issues, and draws lessons from recent...

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Bibliographic Details
Main Author: Flanagan, Mark
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/159
Online Access:Full text available on IMF