1.

Record Nr.

UNINA9910480889003321

Autore

Seidman Karl F

Titolo

Economic development finance [[electronic resource] /] / Karl F. Seidman

Pubbl/distr/stampa

Thousand Oaks, Calif. ; ; London, : SAGE, c2005

ISBN

1-322-41724-5

1-4522-6196-2

Descrizione fisica

1 online resource (521 p.)

Disciplina

338.43

Soggetti

Economic development - Finance

Business enterprises - United States - Finance

Real property - United States - Finance

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 461-470) and index.

Nota di contenuto

Cover; Contents; List of Tables; List of Exhibits; List of Boxes; List of Figures; Preface; PART I: Introduction; 1 - Capital Availability and Economic Development; PART II: The Basics of Business Finance; 2 - Financing Business Enterprises: The Role of Equity and Debt; 3 - An Introduction to Business Financial Statements; 4 - Analyzing Business Financial Statements; 5 - Working Capital Finance; 6 - Fixed Asset Financing; 7 - Real Estate Finance; PART III: Policies to Perfect Private Capital Markets; 8 - Loan Guarantee Programs; 9 - Banking Regulations and Development Banks

PART IV: Institutional Models for Economic Development Finance10 - Revolving Loan Funds; 11 - Venture Capital and Equity Investment Funds; 12 - Community-Based Financial Institutions; 13 - Microenterprise Finance; PART V: Federal and Municipal Government Finance Tools; 14 - Federal Economic Development Programs; 15 - Municipal Finance Tools; PART VI: Managing Development Finance Institutions; 16 - Program Planning and Design; 17 - Managing the Lending and Investment Process; 18 - Raising and Managing Capital; PART VII: Conclusions; 19 - Economic Development Finance Practice and Its Future



GlossaryReferences; Index; About the Author

Sommario/riassunto

A presentation of private, public, & community financial institutions, policies & methods for financing local & regional economic development projects.

2.

Record Nr.

UNINA9910786479803321

Autore

Baduel Benedicte

Titolo

Evolution of Debt Sustainability Analysis in Low-Income Countries : : Some Aggregate Evidence / / Benedicte Baduel, Robert Price

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2012

ISBN

1-4755-9171-3

1-4755-0774-7

Descrizione fisica

1 online resource (57 p.)

Collana

IMF Working Papers

Altri autori (Persone)

PriceRobert

Soggetti

Debts, Public - Mathematical models

Debts, Public - Developing countries

Exports and Imports

International Lending and Debt Problems

International economics

Debt sustainability analysis

Debt sustainability

External debt

Debt burden

Debt service

Debts, External

Burkina Faso

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Abstract; Contents; I. Introduction; II. Motivation and Sample; Boxes; 1. The External Debt Sustainability Analysis (DSA); Tables; 1. Sample Countries; III. Results; A. Baseline ratios; Figures; 1. Evolution of Baseline Debt Ratios (PV of PPG External Debt), 2006-29; 2. Baseline



Peak Average Values by DSA Vintage; 2. Debt-to-GDP: 2010 Baseline Scenario vs. 2006 and 2010 Historical Scenarios, 2006-29; B. Numerators: Trajectories of debt, debt service and financing needs; 3. Debt and Macroeconomic Projections, 2006-29; 4. Financing Needs, 2006-29; C. Changing structures of indebtedness

5. Debt Accumulation Dynamics, 2006-296. Aid Flows, 2006-29; 7. Average Grant Element in New Disbursements, 2006-29; 8. Aid Flows and Average Grant Element, 2006-29; 9. Average Interest Rate, 2006-29; 10. Nominal GDP Growth-Interest Rate Differentials, 2010-29; 11. Endogenous Debt Dynamics, 2006-29; D. Denominators: adjustments in macroeconomic projections; 12. PV of Debt-to-GDP Ratio: Comparative Analysis of Alternative Scenario of Less Favorable Terms on Public Sector Borrowing, 2006-29; 13. Macroeconomic Forecasts, 2006-29; E. Country-level heterogeneity

14. External Accounts Forecasts, 2006-293. Evolution of Key Variables in DSAs; IV. Conclusions; Appendixes; Appendix Figures; Figure A1. PV of Debt-to-GDP Ratio, 2006-29 (In percent); Figure A2. PV of Debt-to-Exports Ratio, 2006-29 (In percent); Figure A3. PV of Debt-to-Revenue Ratio, 2006-29 (In percent); Figure A4. Debt Service-to-Exports Ratio, 2006-29 (In percent); Figure A5. Debt Service-to-Revenue Ratio, 2006-29 (In percent); Figure A6. PV of PPG Exernal Debt, 2006-29 (In billions of US); Figure A7. Debt Service, 2006-29 (In billions of US)

Figure A8. Nominal GDP, 2006-29 (In billions of US)Figure A9. Exports of Goods and Services, 2006-29 (In billions of US); Figure A10. Government Revenue, 2006-29 (in billions of US); Figure A11. Financing Needs, 2006-29 (In billions of US); Figure A12. New Medium and Long Term Disbursements, 2006-29 (In billions of US); Figure A13. Debt Accumulation Rate, 2006-29 (In percent); Figure A14. Nominal Debt and Nominal GDP Growth, 2010-291 (In percent, 2010 DSAs); Figure A15. Aid flow, 2006-29 (In billions of US); Figure A16. Grant Element in New Disbursements, 2006-29 (In percent)

Figure A17. Nominal Effective Interest Rate, 2006-29 (In percent)Figure A18. Nominal GDP Growth and Nominal Effective Interest Rate, 2010-291 (In percent, 2010 DSAs); Figure A19. Real GDP Growth, 2006-29 (In percent); Figure A20. Foreign Direct Investment (FDI), 2006-29 (In billions of US); Figure A21. PV of Debt-to-GDP Ratio under Historical Alternative Scenario, 2006-29 (In percent); Figure A22. PV of Debt-to-GDP Ratio: Baseline vs. Historical Alternative Scenario, 2010-291 (In percent, 2010 DSA)

Sommario/riassunto

The Debt Sustainability Analysis (DSA) for low-income countries (LICs) is a standardized analytical tool to monitor debt sustainability. This paper uses DSAs from three periods around the time of the global economic crisis to analyze the projected trajectories of debt ratios for a sample of LICs. The aggregate data suggest that LIC vulnerabilities improved on the whole during the period prior to the crisis, and that the crisis had a strong short-run impact on key ratios of debt (debt-to-GDP, -exports, and -fiscal revenues) and debt service (debt service-to-exports, and -revenues). Although projected debt burdens increased following the crisis, debt indicators tend to return to their pre-crisis levels over the projection horizon. This may reflect a strong and durable policy response by LICs towards the crisis, or also reflect specific assumptions on the long-run growth dividends of public external debt.