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Reconsidering External Financing of Domestic Budget Deficits
			: Debunking Some Received Wisdom

Reconsidering External Financing of Domestic Budget Deficits : Debunking Some Received Wisdom »

Volume/Issue: 2000/8

Series: IMF Policy Discussion Papers

Author(s): David Woo , and Simon Gray

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2000

DOI: http://dx.doi.org/10.5089/9781451970951.003

ISBN: 9781451970951

Keywords: Debt management, Budget deficits, External financing, foreign currency denominated sovereign debt, foreign currency, domestic currency, exchange rate, foreign exchange, foreign investors

The past decade has witnessed a steady increase in outstanding external sovereign debt issued by emerging market economies. This paper examines some of the “received wisdom” regarding the benefits of...

Reconsidering External Financing of Domestic Budget Deficits

Reconsidering External Financing of Domestic Budget Deficits »

Source: Reconsidering External Financing of Domestic Budget Deficits : Debunking Some Received Wisdom

Volume/Issue: 2000/8

Series: IMF Policy Discussion Papers

Author(s): David Woo , and Simon Gray

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2000

ISBN: 9781451970951

Keywords: Debt management, Budget deficits, External financing, foreign currency denominated sovereign debt, foreign currency, domestic currency, exchange rate, foreign exchange, foreign investors

The past decade has witnessed a steady increase in outstanding external sovereign debt issued by emerging market economies. This paper examines some of the “received wisdom” regarding the benefits of...