Institutional Underpinnings of Debt in SIDS

Michele Robinson

Chapter Chapter 8 in Debt and Development in Small Island Developing States, 2014, pp 173-205 from Palgrave Macmillan

Abstract: Abstract Previous chapters have shown that many Small Island Developing States (SIDS) are burdened with unsustainable levels of debt with widening fiscal deficits and contingent liabilities accounting for much of the debt accumulation. This raises questions about governance and the institutional framework for public debt management in SIDS, and whether weak institutional structures for public debt management play a role in public debt accumulation and in creating risky debt structures.

Keywords: Gross Domestic Product; International Monetary Fund; Public Debt; Small Island Develop States; Fiscal Consolidation (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39278-7_8

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DOI: 10.1057/9781137392787_8

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