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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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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Hauner, David (Author)
Corporate Author: International Monetary Fund. Fiscal Affairs Department
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., ©2006.
Series:IMF working paper ; WP/06/26.
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