The Demand for Loans : Governments Restructure Their Debt
More than ever, governments in developing countries have access to capital markets, but most are not using it. Instead, they have restructured their debt portfolios, cutting the share of private sector debt and increasing the share of longer-term m...
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| Format: | Publications & Research |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2005/04/6040362/demand-loans-governments-restructure-debt http://hdl.handle.net/10986/11225 |
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okr-10986-112252021-04-23T14:02:54Z The Demand for Loans : Governments Restructure Their Debt Harford, Tim Klein, Michael Martin, Facundo BANK LENDING BILATERAL DEBT BOND MARKET BONDS BORROWING CAPITAL FLOWS CAPITAL MARKETS CENTRAL BANKS COMMERCIAL BANKS CONSUMERS CREDIT RATING CREDIT RATING AGENCIES DEBT DEBT BURDEN EMERGING MARKETS EXPORT CREDIT EXPORTS FINANCIAL STABILITY INCOME INCOME GROUPS INFLATION INFLATION RATES MATURITIES MULTILATERAL MULTILATERAL DEBT MULTILATERAL DEVELOPMENT BANKS NATIONAL INCOME PRESENT VALUE PRIVATE DEBT PUBLIC POLICY RATING AGENCIES REGIONAL DEVELOPMENT BANKS SOVEREIGN DEBT More than ever, governments in developing countries have access to capital markets, but most are not using it. Instead, they have restructured their debt portfolios, cutting the share of private sector debt and increasing the share of longer-term multilateral debt. While some argue that this increase in official debt is alarming, the evidence suggests that most governments are sensibly taking advantage of their menu of financing options extending maturities to lessen their vulnerability to the rollover risk posed by shorterterm debt and reducing their overall debt ratios. 2012-08-13T14:29:43Z 2012-08-13T14:29:43Z 2005-04 http://documents.worldbank.org/curated/en/2005/04/6040362/demand-loans-governments-restructure-debt Viewpoint. -- Note no. 289 (April 2005) http://hdl.handle.net/10986/11225 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Viewpoint |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
BANK LENDING BILATERAL DEBT BOND MARKET BONDS BORROWING CAPITAL FLOWS CAPITAL MARKETS CENTRAL BANKS COMMERCIAL BANKS CONSUMERS CREDIT RATING CREDIT RATING AGENCIES DEBT DEBT BURDEN EMERGING MARKETS EXPORT CREDIT EXPORTS FINANCIAL STABILITY INCOME INCOME GROUPS INFLATION INFLATION RATES MATURITIES MULTILATERAL MULTILATERAL DEBT MULTILATERAL DEVELOPMENT BANKS NATIONAL INCOME PRESENT VALUE PRIVATE DEBT PUBLIC POLICY RATING AGENCIES REGIONAL DEVELOPMENT BANKS SOVEREIGN DEBT |
| spellingShingle |
BANK LENDING BILATERAL DEBT BOND MARKET BONDS BORROWING CAPITAL FLOWS CAPITAL MARKETS CENTRAL BANKS COMMERCIAL BANKS CONSUMERS CREDIT RATING CREDIT RATING AGENCIES DEBT DEBT BURDEN EMERGING MARKETS EXPORT CREDIT EXPORTS FINANCIAL STABILITY INCOME INCOME GROUPS INFLATION INFLATION RATES MATURITIES MULTILATERAL MULTILATERAL DEBT MULTILATERAL DEVELOPMENT BANKS NATIONAL INCOME PRESENT VALUE PRIVATE DEBT PUBLIC POLICY RATING AGENCIES REGIONAL DEVELOPMENT BANKS SOVEREIGN DEBT Harford, Tim Klein, Michael Martin, Facundo The Demand for Loans : Governments Restructure Their Debt |
| relation |
Viewpoint |
| description |
More than ever, governments in
developing countries have access to capital markets, but
most are not using it. Instead, they have restructured their
debt portfolios, cutting the share of private sector debt
and increasing the share of longer-term multilateral debt.
While some argue that this increase in official debt is
alarming, the evidence suggests that most governments are
sensibly taking advantage of their menu of financing
options extending maturities to lessen their vulnerability
to the rollover risk posed by shorterterm debt and
reducing their overall debt ratios. |
| format |
Publications & Research |
| author |
Harford, Tim Klein, Michael Martin, Facundo |
| author_facet |
Harford, Tim Klein, Michael Martin, Facundo |
| author_sort |
Harford, Tim |
| title |
The Demand for Loans : Governments Restructure Their Debt |
| title_short |
The Demand for Loans : Governments Restructure Their Debt |
| title_full |
The Demand for Loans : Governments Restructure Their Debt |
| title_fullStr |
The Demand for Loans : Governments Restructure Their Debt |
| title_full_unstemmed |
The Demand for Loans : Governments Restructure Their Debt |
| title_sort |
demand for loans : governments restructure their debt |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2005/04/6040362/demand-loans-governments-restructure-debt http://hdl.handle.net/10986/11225 |
| _version_ |
1764415971800383488 |