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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Hlavní autor: Willems, Tim
Další autoři: Zettelmeyer, Jeromin
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2022.
Edice:IMF Working Papers; Working Paper ; No. 2022/016
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On-line přístup:Full text available on IMF