- Author: International Monetary Fund: African Department
- Published Date: 30 Oct 2018
- Publisher: International Monetary Fund (IMF)
- Original Languages: English
- Format: Paperback::45 pages
- ISBN10: 1484330935
- ISBN13: 9781484330937
- Country London, United Kingdom
- Filename: boosting-fiscal-space-the-roles-of-gdp-linked-debt-and-longer-maturities.pdf
- Dimension: 217.17x 230x 2.54mm::176.9g
- Download: Boosting Fiscal Space : the roles of GDP-linked debt and longer maturities
Greece has come a long way in correcting the fiscal imbalances noted that the MTFS does not include "Boosting Fiscal Space: The Roles of GDP-Linked Debt and Longer Maturities1" published on INTERNATIONAL MONETARY FUND. 9951/05 ADD 1 PSJ/gw 1 DG G I COUNCIL OF THE - UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT PROCEEDINGS OF THE FIFTH INTER-REGIONAL DEBT MANAGEMENT CONFERENCE Author: United Nations. 47 downloads 406 Views 412KB Size Report. This content was uploaded our users and we assume good faith they have the permission to share this book. 2. In addition, we maintain our current Free and Preferential Trade Agreements with some countries. Average yield First, he suggests an indirect or direct IMF involvement in the World Bank’s Country Policy and Institutional Assessment system in which the IMF’s views in whole or in part would be incorporated in the assessments of macroeconomic policies in general, fiscal policy, debt … Jonathan David Ostry & Jun I. Kim, 2018. "Boosting Fiscal Space; The Roles of GDP-Linked Debt and Longer Maturities," IMF Departmental Papers / Policy Papers 18/04, International Monetary Fund. Davide Furceri & Swarnali A. Hannan & Jonathan D. Ostry & Andrew K. Rose, 2018. The data underlying the analysis of diversification in this chapter came from what was the most recent database of World Economic Outlook at the time the calculations were performed, in the Spring of 2016, which was the October 2015 database. They consisted of the percentage growth rate of GDP in constant prices from 1981 to 2010 inclusive. Can debt management policy provide a way to increase fiscal space for a given path of primary fiscal balances? This note explores the role of two such policies: issuance of state-contingent debt; and issuance of longer maturity debt. New analytical models determine the debt limit and the default risk under uncertainty, and undertake numerical simulations to gauge the practical significance of ISSN 1725-3217 (online) ISSN 0379-0991 (print) Report on Public finances in EMU 2014 EUROPEAN ECONOMY 9|2014 Economic and Financial Affairs The European Economy series contains important reports and communications from the Commission to the Council and the Parliament on the economy and economic developments. and the roles 的價格比價，共有 141 件商品。飛比價格含有 [and the role]、[law and the role of]、[change and the role] 相關產品。都在全台購物網站商品收錄齊全的飛比價格，供您完整比價、花最少買最好。 Indeed the latter is very much what the UK Labour Party’s new so called “fiscal rule” consists of: that is the rule is basically that if interest on the debt is significantly above zero, then interest rate cuts should be used to provide stimulus, and if interest on the debt is near zero, then fiscal stimulus (i.e. “borrow and spend”) should be used. According to the last figures registered in September, the country's performing sovereign debt (it is worth mentioning that these figures do not consider the debt that was not included in the exchange offers and the contingent debt from the coupons of GDP-linked bonds) increased to USD240.0 billion (43.7% of GDP). EUROPEAN COMMISSION Brussels, 12.5.2010. SEC(2010) 598 final. COMMISSION STAFF WORKING DOCUMENT. CONVERGENCE REPORT 2010 Accompanying document to the REPORT FROM THE COMMISSION CO It focuses on the effect of these debt management policies on real borrowing costs and default risk for the sovereign and details the literature on GDP-linked debt and the maturity structure and how the report fills gaps in the literature; how uncertainty affects fiscal space and how debt management can play a role in increasing it, with 1 November 9, 2015 CRISIS PROGRAM REVIEW Context. This paper provides an updated review of Fund-supported programs undertaken during the global financial crisis. It follows a series of previous reviews during that assessed program design and outcomes during the surge in Fund supported programs since Scope and approach. Why can Japan sustain debts above 200 percent of GDP, while Ukraine defaulted on its debt when it was 30 percent of GDP? This chapter investigates what causes a country to default EUROPEAN COMMISSION Brussels,7.3.2018 SWD(2018) 206 final COMMISSION STAFF WORKING DOCUMENT Country Report Irelan Can debt management policy provide a way to increase fiscal space for a given path of primary fiscal balances? This note explores the role of two such policies: … Turning national growth-indexed bonds into European assets: A proposal to strengthen the euro area This column is a lead commentary in the VoxEU Debate "Euro Area Reform" In a recent Vox eBook, leading economists re-examined the case for issuing GDP-linked bonds (Benford et al. 2018). The theoretical benefits are well known: a reduction in the risk of a sovereign default (Shiller 1993), the
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