Cover IMF Working Papers
Managing Public Debt and Its Financial Stability Implications
Author: Mr. Udaibir S Das, Jay Surti, Mr. Faisal Ahmed, Mr. Michael G. Papaioannou, and Mr. Guilherme Pedras
Series:
IMF Working Papers
Volume/Issue:
Volume 2010: Issue 280
Language:
English
Publication Date:
01 Dec 2010
DOI:
https://doi.org/10.5089/9781455210879.001
ISBN:
9781455210879
ISSN:
1018-5941
Pages:
27
Keywords:
WP; investor; market; debt; bond market
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund