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National Debt; Debt Management; Sovereign Debt


Financial Statecraft: Government Choice of Debt Instruments

Eric Arias, Layna Mosely, B. Peter Rosendorff
We explore the diversity of means by which governments borrow - from commercial banks, sovereign bond issues, official bilateral creditors, and multilateral financial institutions. Although political economy scholars tend to analyze financing instruments in isolation from one another, governments...
Jun 2020
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Debt sustainability and financial crises in South Africa

Leroi Raputsoane and Ruthira Naraidoo
This study assesses debt sustainability in South Africa allowing for possible nonlinearities in the form of threshold behaviour by fiscal authorities. A long historical data series on the debt-to-GDP ratio and models with fixed and time-varying thresholds allowing the level of debt to vary relative...
Jan 2014
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