Financing for the Post-pandemic Recovery : Developing Domestic Sovereign Debt Markets in Central America /

The pandemic has urged countries around the globe to mobilize financing to support the recovery. This is even more relevant in Central America, where the policy response to cushion the pandemic's economic and social impact has accentuated pre-existing debt vulnerabilities. This paper documents...

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Hlavní autor: Francois Clevy, Jean
Další autoři: Pedras, Guilherme, Perez Ruiz, Esther
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2021.
Edice:IMF Working Papers; Working Paper ; No. 2021/283
Témata:
On-line přístup:Full text available on IMF
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520 3 |a The pandemic has urged countries around the globe to mobilize financing to support the recovery. This is even more relevant in Central America, where the policy response to cushion the pandemic's economic and social impact has accentuated pre-existing debt vulnerabilities. This paper documents the potential for local currency bond markets to diversify and expand financing for the recovery, lowering bond yields, funding volatility, and exposure to global shocks. The paper further identifies priority actions, both national and regional, to support market development. 
538 |a Mode of access: Internet 
650 7 |a Debt Management  |2 imf 
650 7 |a Debt  |2 imf 
650 7 |a Financial Markets and the Macroeconomy  |2 imf 
650 7 |a Fiscal Policy  |2 imf 
650 7 |a Sovereign Debt  |2 imf 
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700 1 |a Perez Ruiz, Esther. 
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