Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 22 December 2014
Keywords: Banking sector, Debt sustainability, Fiscal policy, Fiscal risk, Public debt, Risk management, Sovereign debt, Real sector, Financial crises, Macroprudential policies and financial stability
This paper explores how banking sector developments and characteristics influence the propagation of risks from the banking sector to sovereign debt, including how they affect the extent of fiscal costs of banking...