Are Fund Staff Projections of Debt More Optimistic Under Program Contexts?.
This note examines whether projections made in the context of a Fund-supported program are systematically more optimistic than those done for surveillance cases. Of particular interest in this regard is the assessment of external debt sustainability, as this underlies the "capacity to repay the...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Series: | Policy Papers; Policy Paper ;
No. 2005/065 |
| Online Access: | Full text available on IMF |