Do Financial Markets Value Quality of Fiscal Governance? /

We examine the link between the quality of fiscal governance and access to market-based external finance. Stronger fiscal governance is associated with improvements in several indicators of market access, including a higher likelihood of issuing sovereign bonds and having a sovereign credit rating,...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Keita, Kady
Weitere Verfasser: Leon, Gene, Lima, Frederico
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2019.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2019/218
Online Zugang:Full text available on IMF