Domestic Public Debt of Externally Indebted Countries
Manmohan Kumar and
Pablo Guidotti
No 1991/005, IMF Occasional Papers from International Monetary Fund
Abstract:
This study discusses the evolution of domestic public debt in several indebted countries and its relationship with their external debt and underlying fiscal developments. It examines the links between domestic and external debt, taxes, subsidies, and government spending, and reviews strategies for managing domestic public debt.
Keywords: OP; debt; debt indexation; GDP weight; debt maturity; stabilization program; government finance statistics yearbook; yearly rate of inflation; Domestic debt; Inflation; Real interest rates; Western Hemisphere; policy sustainability; stabilization policy; adjustment program (search for similar items in EconPapers)
Pages: 36
Date: 1991-03-15
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