Managing Public Debt and Its Financial Stability Implications

Author/Editor:

Udaibir S Das ; Jay Surti ; Faisal Ahmed ; Michael G Papaioannou ; Guilherme Pedras

Publication Date:

December 1, 2010

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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. 10/280

Subject:

Frequency:

Quarterly

English

Publication Date:

December 1, 2010

ISBN/ISSN:

9781455210879/1018-5941

Stock No:

WPIEA2010280

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

27

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