Crisis-Related Measures in the Financial System and Sovereign Balance Sheet Risks.

This paper examines the fiscal and financial risk implications of support measures in a sovereign balance sheet framework, making the point that the ultimate fiscal cost will depend on how balance sheets are managed-both in the near-term and as governments develop unwinding strategies. It suggests s...

Ausführliche Beschreibung

Bibliographische Detailangaben
Körperschaft: International Monetary Fund
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2009.
Schriftenreihe:Policy Papers; Policy Paper ; No. 2009/053
Online Zugang:Full text available on IMF
Beschreibung
Zusammenfassung:This paper examines the fiscal and financial risk implications of support measures in a sovereign balance sheet framework, making the point that the ultimate fiscal cost will depend on how balance sheets are managed-both in the near-term and as governments develop unwinding strategies. It suggests some key principles for efficient and transparent management of new assets, liabilities, and associated risks, and for moving toward an orderly disengagement.
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Beschreibung:1 online resource (50 pages)
Format:Mode of access: Internet
ISSN:2663-3493
Zugangseinschränkungen:Electronic access restricted to authorized BRAC University faculty, staff and students