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Record Nr. |
UNINA9910463588103321 |
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Autore |
Flanagan Mark (Mark Joseph) |
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Titolo |
Resolving a large contingent fiscal liability [[electronic resource] ] : Eastern European experiences / / prepared by Mark Flangan |
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Pubbl/distr/stampa |
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[Washington, D.C.], : International Monetary Fund, European Dept., c2008 |
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ISBN |
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1-4623-6487-X |
1-4527-2688-4 |
1-282-84110-6 |
9786612841101 |
1-4518-7017-5 |
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Descrizione fisica |
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1 online resource (42 p.) |
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Collana |
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IMF working paper ; ; WP/08/159 |
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Soggetti |
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Debts, Public - Europe, Eastern |
Fiscal policy - Europe, Eastern |
Debts, Public - Ukraine |
Fiscal policy - Ukraine |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Contents; I. Introduction; Tables; 1. Recent European Cases of Large Off-Balance Sheet Liabilities; II. Design of a Settlement: Economic Considerations; A. Fiscal sustainability; Boxes; 1. The sustainable level of primary surplus; Figures; 1. Primary Surplus in Successful Episodes of Debt Regularization; 2. Settlement Structures for Large Contingent Fiscal Liabilities; B. Macroeconomic stability; 3. Structure of the Serbian Debt Settlement; 2. The Global Monetary and Fiscal Model; 2. Up-front Debt Shock; 3. Sensitivity Tests; 4. Debt Shock with Counter-Cyclical Fiscal Policy |
5. Spread-out Debt Shock6. Debt Shock with All Offsets; 4. Debt Settlement Timing and Macroeconomic Conjuncture; III. Design of a Settlement: Technical Considerations; A. Administration; 5. Settling Large Contingent Fiscal Claims: Issues Raised; B. The staging of a settlement; 7. Timing of Debt Restitution and Macroeconomic Factors; |
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