From Banking to Sovereign Stress - Implications For Public Debt
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper explores how banking sector developments and characteristics influence the propagation of risks from the banking sector to sovereign debt, including how they affect the extent of fiscal costs of banking crises when those occur. It then proposes practices and policies for the fiscal authorities to help manage the risks and enhance crisis preparedness.
Series:
Policy Papers
Subject:
Banking sector Debt sustainability Fiscal policy Fiscal risk Public debt Risk management Sovereign debt
English
Publication Date:
December 22, 2014
Format:
Paper
Please address any questions about this title to publications@imf.org