Catalogo Articoli (Spogli Riviste)

OPAC HELP

Titolo:
Debt management and crisis in developing countries
Autore:
Dooley, MP;
Indirizzi:
Univ Calif Santa Cruz, Dept Econ, Santa Cruz, CA 95064 USA Univ Calif Santa Cruz Santa Cruz CA USA 95064 n, Santa Cruz, CA 95064 USA
Titolo Testata:
JOURNAL OF DEVELOPMENT ECONOMICS
fascicolo: 1, volume: 63, anno: 2000,
pagine: 45 - 58
SICI:
0304-3878(200010)63:1<45:DMACID>2.0.ZU;2-V
Fonte:
ISI
Lingua:
ENG
Soggetto:
POLICY;
Keywords:
debt; crisis; default;
Tipo documento:
Article
Natura:
Periodico
Settore Disciplinare:
Social & Behavioral Sciences
--discip_BC--
Citazioni:
19
Recensione:
Indirizzi per estratti:
Indirizzo: Dooley, MP Univ Calif Santa Cruz, Dept Econ, Santa Cruz, CA 95064 USA UnivCalif Santa Cruz Santa Cruz CA USA 95064 uz, CA 95064 USA
Citazione:
M.P. Dooley, "Debt management and crisis in developing countries", J DEV ECON, 63(1), 2000, pp. 45-58

Abstract

Debt management policy for governments of developing countries must balance conflicting objectives. The structure of explicit and implicit governmentdebt influences the amount of lending private creditors are willing to extend, contractual debt service costs, the probability of default and the costs of default. Because default is not relevant for governments of industrial countries, their debt management policies are not a useful guide for developing countries. The model developed suggests that minimizing debt servicecosts is likely to be a very inefficient policy for governments of developing countries because such a policy increases the cost of default. (C) 2000Elsevier Science B.V. All rights reserved. JEL classification: F21; F30.

ASDD Area Sistemi Dipartimentali e Documentali, Università di Bologna, Catalogo delle riviste ed altri periodici
Documento generato il 30/09/20 alle ore 06:00:46