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Pension privatization and country risk /

This paper explores how privatizing a pension system can affect sovereign credit risk. For this purpose, it analyzes the importance that rating agencies give to 'implicit' pension debt (IDP) in their assessments of sovereign creditworthiness. We find that rating agencies generally do not s...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Cuevas, Alfredo (Author)
Corporate Author: International Monetary Fund. Western Hemisphere Department
Format: Electronic eBook
Language:Inglés
Published: Washington, D.C. : International Monetary Fund, ©2008.
©2008
Series:IMF working paper ; WP/08/195.
Subjects:
Online Access:Texto completo

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