The Level and Composition of Public Sector Debt in Emerging Market Crises /

The paper examines the evolution of public sector debt levels and structures in 12 emerging market countries around the time of financial crises. In particular, it focuses on whether the debt situation of sovereign borrowers became more vulnerable in the aftermath of crises. The principal findings a...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Rother, Bjoern
Muut tekijät: de Bolle, Monica, Hakobyan, Ivetta
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2006.
Sarja:IMF Working Papers; Working Paper ; No. 2006/186
Linkit:Full text available on IMF
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100 1 |a Rother, Bjoern. 
245 1 4 |a The Level and Composition of Public Sector Debt in Emerging Market Crises /  |c Bjoern Rother, Ivetta Hakobyan, Monica de Bolle. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2006. 
300 |a 1 online resource (35 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper examines the evolution of public sector debt levels and structures in 12 emerging market countries around the time of financial crises. In particular, it focuses on whether the debt situation of sovereign borrowers became more vulnerable in the aftermath of crises. The principal findings are that (i) debt levels tend to increase significantly post-crisis, and (ii) countries often experience more rigid debt structures following such events, with an increase in the share of external public debt to multilateral creditors and a greater exposure of the domestic banking system to sovereign debt. 
538 |a Mode of access: Internet 
700 1 |a de Bolle, Monica. 
700 1 |a Hakobyan, Ivetta. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2006/186 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2006/186/001.2006.issue-186-en.xml  |z IMF e-Library