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"...

Полное описание

Библиографические подробности
Главный автор: Willems, Tim
Другие авторы: Zettelmeyer, Jeromin
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2022.
Серии:IMF Working Papers; Working Paper ; No. 2022/016
Предметы:
Online-ссылка:Full text available on IMF