Managing Public Debt and Its Financial Stability Implications
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Summary:
This paper explores the relationship between the level and management of public debt and financial stability, and explains the channels through which the two are interlinked. It suggests that the broader implications of a debt management strategy and its implementation should be carefully analyzed by debt managers and policy makers in terms of their impact on the government's balance sheet, macroeconomic developments, and the financial system.
Series:
Working Paper No. 2010/280
Subject:
Debt management Financial crises Financial sector stability Government debt management Public debt
Frequency:
Quarterly
English
Publication Date:
December 1, 2010
ISBN/ISSN:
9781455210879/1018-5941
Stock No:
WPIEA2010280
Pages:
27
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