Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    Reconsidering External Financing of Domestic Budget Deficits: Debunking Some Received Wisdom
    Unavailable
    Reconsidering External Financing of Domestic Budget Deficits: Debunking Some Received Wisdom
    Unavailable
    Reconsidering External Financing of Domestic Budget Deficits: Debunking Some Received Wisdom
    Ebook37 pages21 minutes

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

    By D. Woo

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    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 external financing of domestic budget deficits and argues that it is often predicated on a narrow set of assumptions and incomplete evaluation of the underlying costs. The paper also suggests alternative sources of financing that can help capture some of the benefits associated with foreign financing without all of its costs.

    LanguageEnglish
    PublisherINTERNATIONAL MONETARY FUND
    Release dateJul 1, 2000
    ISBN9781455259878
    Unavailable
    Reconsidering External Financing of Domestic Budget Deficits: Debunking Some Received Wisdom

    Related to Reconsidering External Financing of Domestic Budget Deficits

    Related ebooks

    Economics For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      32 Ways to Earn Up to 9% on Your Money Now

      May 8, 2020

      In addition to taking a vast human toll, the coronavirus pandemic has mercilessly infected virtually every corner of the investment world. As markets plunged and seized up, the Federal Reserve dropped its short-term interest rate to zero and began in

      14 min read

    • Article

      Best Bond Funds

      Sep 14, 2022

      Best Bond Funds
      5 min read

    • Article

      Investing Off The Beaten Path

      Jul 1, 2022

      Investing Off The Beaten Path
      6 min read

    • Article

      Banks’ Placements With The Central Bank

      Mar 18, 2022

      The ongoing debate across the country shows that the financial gap at the Central Bank (BDL) exceeds $55 billion taking into account the value of gold and BDL’s foreign currencies. The discourse in this regard often includes a lot of blame for the ba

      6 min read

    • Article

      Q&A with Garth Davis, CEO of New Market Funds

      May 1, 2018

      Should institutional investors consider impact investments in real assets? We have spent a fair bit of time speaking with — and frankly, educating — institutional investors on investing in affordable housing, specifically because it should be one of

      2 min read

    • Article

      India Inc’s Rising Cost of External Capital

      Jun 25, 2020

      India needs external capital to grow. This has been true since the early years of Central planning following independence when India relied on external debt raised mostly by its Central and state governments from foreign governments and multilateral

      6 min read

    • Article

      Financial And Monetary Issues Frankness And Transparency Are Needed

      Jul 7, 2020

      There is consensus among the statements and writings of people in power, and the experts, in the media and on social media, on a treatment for the current crisis. Mostly, these various statements address the “protection of small depositors,” recapita

      7 min read

    • Article

      35 Ways To Earn Up To 11% On Your Money

      May 15, 2018

      Since the Great Recession, many investors' portfolios have been a tale of feast and famine. Stocks have racked up hefty gains, while the lowest interest rates in a generation have meant paltry returns on bonds, cash accounts and other fixed-income in

      14 min read

    • Article

      Deposit Recovery Fund

      Nov 18, 2022

      The government, in its plans, is still calling to write off most of the remaining dollar-denominated savings in banks that exceed $100,000, despite the losses already incurred by depositors resulting from measures taken and the failure to implement a

      5 min read

    • Article

      Bond Funds With Flexibility

      Jul 5, 2018

      With the broad bond market down 2% so far this year, it's easy to see the appeal of a fund that can invest in the corners of the market that are working. That's where so-called unconstrained bond funds and their cousins, multisector bond funds, can h

      5 min read

    • Article

      2019 Mutual Fund Guide: Profit from These Trends

      Jan 31, 2019

      Change is inevitable, as Benjamin Disraeli, the 19th-century British prime minister, once said. He was talking about society. But it's also true in the nearly $16 trillion world of mutual funds--and we're not just talking about recent gyrations in th

      6 min read

    • Article

      35 Ways To Earn Up To 11% On Your Money

      May 10, 2018

      Since the Great Recession, many investors' portfolios have been a tale of feast and famine. Stocks have racked up hefty gains, while the lowest interest rates in a generation have meant paltry returns on bonds, cash accounts and other fixed-income in

      14 min read

    • Article

      Another Financial Fix Has Backfired

      Oct 7, 2022

      Twenty-one years ago, John Ralfe, then in charge of the £2.3bn Boots pension scheme, took the momentous decision to sell all the fund’s £1bn of equities and invest solely in UK government bonds. The advantages, he later explained, were that in doing

      3 min read

    • Article

      How to Implement the Bucket System

      Aug 30, 2018

      The 4% rule and its corollaries help ensure that your money will last through a 30-year retirement. The bucket system is extra insurance to help make sure you have enough until you kick the bucket. Most people know that investing at regular intervals

      4 min read

    • Article

      Stand By Your Bonds in 2019

      Nov 29, 2018

      For bond investors, 2019 will not be a time for sweeping changes--and perhaps not even mild adjustments--to your fixed-income plan. Bonds and other debt investments are doing what they're supposed to: paying interest in full and on time, and smoothin

      2 min read

    • Article

      Best UK funds

      Jan 6, 2023

      Best UK funds
      6 min read

    • Article

      Is There A Credible Authority?

      Nov 26, 2021

      Is There A Credible Authority?
      5 min read

    • Article

      Expand Your Search For Cash

      Aug 25, 2022

      Expand Your Search For Cash
      6 min read

    • Article

      Investment Trusts Haven’t Been This Cheap Since The Global Financial Crisis

      Dec 8, 2023

      Investment trusts are deeply unloved at present, both the conventional equity type and their alternative cousins. According to data from stockbroker Numis, the discount to net asset value (NAV) of the sector is 15%, which is similar to levels seen du

      2 min read

    • Article

      5 Exciting Emerging Markets Funds to Buy

      Jul 5, 2022

      Inflation has been the dominant theme in investing across 2022 – and that goes well beyond domestic equities. Consumer prices have rapidly risen around the world, and even Wall Street's best emerging markets funds have felt the pinch. "Many emerging

      1 min read

    • Article

      Best UK funds

      Nov 14, 2022

      Best UK funds
      6 min read

    • Article

      A High Risk Game

      Jul 25, 2020

      A High Risk Game
      4 min read

    • Article

      Can Rates Go Any Lower?

      Apr 3, 2020

      How many times have you heard that interest rates can't go any lower? And yet they do. Lower and lower and, maybe soon, to zero or below. In fact, ever since 1981, when the yield on the 10-year Treasury bond peaked at 15.2%, government debt has been

      4 min read

    Reviews for Reconsidering External Financing of Domestic Budget Deficits

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words