State-Contingent Debt Instruments for Sovereigns.

Background. The case for sovereign state-contingent debt instruments (SCDIs) as a countercyclical and risk-sharing tool has been around for some time and remains appealing; but take-up has been limited. Earlier staff work had advocated the use of growth-indexed bonds in emerging markets and continge...

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التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2017.
سلاسل:Policy Papers; Policy Paper ; No. 2017/023
الوصول للمادة أونلاين:Full text available on IMF