Managing Public Debt and Its Financial Stability Implications
December 1, 2010
Download PDF
More Formats on IMF eLibrary
Order a Print CopyDisclaimer: 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.
Subject: Debt management, Financial crises, Financial sector stability, Government debt management, Public debt
Keywords: bond market, debt, investor, market, WP
Pages:
27
Volume:
2010
DOI:
Issue:
280
Series:
Working Paper No. 2010/280
Stock No:
WPIEA2010280
ISBN:
9781455210879
ISSN:
1018-5941
