Local Currency Bond Markets Law Reform : A Methodology for Emerging Markets and Developing Economies /

Recent financial crises including the ongoing one caused by the COVID-19 pandemic have consistently drawn attention to the need to strengthen the quality of public debt management in emerging markets and developing countries. Deeper and more efficient domestic government debt markets-being, a key se...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Bossu, Wouter
अन्य लेखक: Bergthaler, Wolfgang, Hillier, Cory
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2020.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2020/258
ऑनलाइन पहुंच:Full text available on IMF
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245 1 0 |a Local Currency Bond Markets Law Reform :   |b A Methodology for Emerging Markets and Developing Economies /  |c Wouter Bossu, Cory Hillier, Wolfgang Bergthaler. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2020. 
300 |a 1 online resource (61 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Recent financial crises including the ongoing one caused by the COVID-19 pandemic have consistently drawn attention to the need to strengthen the quality of public debt management in emerging markets and developing countries. Deeper and more efficient domestic government debt markets-being, a key segment of the LCBM for many emerging markets and developing economies-play a key role in reducing financial vulnerability to shocks and enable governments to finance critical economic and fiscal policy measures in response to them. Policymakers and international organizations have long recognized that developing and strengthening LCBMs is a key policy prescription to sound public debt management. Robust legal and regulatory frameworks are recognized as being critical building blocks for the structure, development and functioning of LCBMs. This Working Paper seeks to outline a strategically anchored methodology that can be applied to design, build and implement the legal and tax foundations for the development of LCBMs that would adequately address common challenges and impediments. 
538 |a Mode of access: Internet 
700 1 |a Bergthaler, Wolfgang. 
700 1 |a Hillier, Cory. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2020/258 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2020/258/001.2020.issue-258-en.xml  |z IMF e-Library