Fiscal policy and financial development /

We examine the effects of public sector borrowing from the domestic banking system on financial development in middle-income countries. While these countries' external debt has been falling, the share of bank credit absorbed by the public sector has been rising rapidly. We argue that this runs...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Hauner, David (Autor)
Autor Corporativo: International Monetary Fund. Fiscal Affairs Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., ©2006.
Colección:IMF working paper ; WP/06/26.
Temas:
Fiscal policy.
Debts, Public.
Finance.
Banks and banking.
Economic development.
Politique fiscale.
Dettes publiques.
Finances.
Développement économique.
finance.
economic development.
Banks and banking
Debts, Public
Economic development
Finance
Fiscal policy
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. HOW IMPORTANT IS PUBLIC SECTOR CREDIT, AND WHERE?
  • III. HOW PUBLIC SECTOR CREDIT COULD HARM FINANCIAL DEVELOPMENT
  • IV. DOES PUBLIC SECTOR CREDIT AFFECT THE DEPTH OF FINANCIAL DEVELOPMENT?
  • V. DOES PUBLIC SECTOR CREDIT AFFECT THE QUALITY OF FINANCIAL DEVELOPMENT?
  • VI. CONCLUDING REMARKSâ€?IMPLICATIONS FOR FISCAL POLICY
  • APPENDIX TABLES
  • REFERENCES

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