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...

詳細記述

書誌詳細
団体著者: International Monetary Fund
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2017.
シリーズ:Policy Papers; Policy Paper ; No. 2017/023
オンライン・アクセス:Full text available on IMF