Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks
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| Format: | Artículo científico |
| Language: | en |
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Universidad Autónoma Metropolitana
2005
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| _version_ | 1866817116590571520 |
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| author | Luis Foncerrada |
| author_facet | Luis Foncerrada |
| contents | Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks Luis Foncerrada Economía y Finanzas debt management financial risks financial markets debt sustainability fiscal sustainability The paper focuses on debt management, and examines the concept of debt sustainability asdefined by different authors and applied by the IMF. However, proposes a new definition anda different approach. Assessment procedures for the new approach are suggested as alsosome actions to develop a government securities market. In the last part, it proposes aninterpretation of Mexicos 1982 and 1994-95 crises, as a result of two factors, the overlookingof basic financial risks and a poor conception of debt sustainability. 2005 artículo científico 0185-3937 https://www.redalyc.org/articulo.oa?id=41304409 en http://www.redalyc.org/revista.oa?id=413 Análisis Económico application/pdf Universidad Autónoma Metropolitana Análisis Económico (México) Num.44 Vol.XX |
| format | Artículo científico |
| id | redalyc_41304409 |
| language | en |
| publishDate | 2005 |
| publisher | Universidad Autónoma Metropolitana |
| spellingShingle | Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks Luis Foncerrada Economía y Finanzas debt management financial risks financial markets debt sustainability fiscal sustainability Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks Luis Foncerrada Economía y Finanzas debt management financial risks financial markets debt sustainability fiscal sustainability The paper focuses on debt management, and examines the concept of debt sustainability asdefined by different authors and applied by the IMF. However, proposes a new definition anda different approach. Assessment procedures for the new approach are suggested as alsosome actions to develop a government securities market. In the last part, it proposes aninterpretation of Mexicos 1982 and 1994-95 crises, as a result of two factors, the overlookingof basic financial risks and a poor conception of debt sustainability. 2005 artículo científico 0185-3937 https://www.redalyc.org/articulo.oa?id=41304409 en http://www.redalyc.org/revista.oa?id=413 Análisis Económico application/pdf Universidad Autónoma Metropolitana Análisis Económico (México) Num.44 Vol.XX |
| title | Public debt sustainability. Notes on debt sustainability, development of a domestic governmet securities market and financial risks |
| topic | Economía y Finanzas debt management financial risks financial markets debt sustainability fiscal sustainability |
| url | https://www.redalyc.org/articulo.oa?id=41304409 |