Financial and Fiscal Programming Under Debt Rescheduling.
This paper reviews implications for financial and fiscal programming of different treatments of external debt rescheduling. Adjustment formulas are derived to ensure invariance of the macroeconomic outcome. An important consideration is the impact on the income position of the central bank. The resu...
| Autor Corporativo: | |
|---|---|
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
1989.
|
| Colecção: | IMF Working Papers; Working Paper ;
No. 1989/061 |
| Acesso em linha: | Full text available on IMF |