The Potential Role for Securitizing Public Sector Revenue Flows : An Application to the Philippines /

Since the mid-1980s, the securitization of future flow receivables has grown in importance as a financing alternative for the public sector. In a world of perfect capital markets, there appears to be little rationale-in terms of reducing the average cost of public sector financing-to resort to secur...

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Xehetasun bibliografikoak
Egile nagusia: Chalk, Nigel
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2002.
Saila:IMF Working Papers; Working Paper ; No. 2002/106
Sarrera elektronikoa:Full text available on IMF