Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks

The paper focuses on debt management, and examines the concept of debt sustainability as defined by different authors and applied by the IMF. However, proposes a new definition and a different approach. Assessment procedures for the new approach are suggested as also some actions to develop a gov...

Full description

Bibliographic Details
Main Author: Luis Foncerrada
Format: Article
Language:English
Published: Universidad Autónoma Metropolitana 2005-01-01
Series:Análisis Económico
Online Access:http://www.redalyc.org/articulo.oa?id=41304409