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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Chalk, Nigel
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2002.
سلاسل:IMF Working Papers; Working Paper ; No. 2002/106
الوصول للمادة أونلاين:Full text available on IMF