Sovereign Debt Sustainability and Central Bank Credibility /

This article surveys the literature on sovereign debt sustainability from its origins in the mid-1980s to the present, focusing on four debates. First, the shift from an "accounting based" view of debt sustainability, evaluated using government borrowing rates, to a "model based"...

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Bibliographic Details
Main Author: Willems, Tim
Other Authors: Zettelmeyer, Jeromin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/016
Subjects:
Online Access:Full text available on IMF