Greco-Roman Lessons for Public Debt Management and Debt Market Development

Greece and Italy initiated efforts to improve public debt management and develop their domestic debt markets respectively in the late 1970s and mid-1980s. At that time, both countries suffered from large and rapidly growing public debt, excessive r...

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Bibliographic Details
Main Authors:	Campanaro, Alessandra, Vittas, Dimitri
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, D.C. 2013
Subjects:	ACCOUNTABILITY ADMINISTRATIVE COSTS ARBITRAGE ASSET MANAGEMENT BALANCE SHEET BANK CREDIT BANK DEPOSITS BANK LIQUIDITY BANK OF GREECE BANK PORTFOLIOS BANKING INSTITUTIONS BANKING SYSTEM BENCHMARK BENCHMARKS BOND MARKETS BONDS BORROWING BUDGET DEFICITS CAPITAL FLOWS CAPITAL MARKETS CENTRAL BANK CERTIFICATES COMMERCIAL BANKS COUPONS CREDIT CEILINGS CREDIT INSTITUTIONS CURRENCY CURRENCY RISK DEALERS DEBT DEBT INSTRUMENTS DEBT MANAGEMENT DEBT MARKETS DEBT SECURITIES DEMATERIALIZATION DEVALUATION DOMESTIC DEBT ECONOMIC BOOM ECONOMIC EXPANSION ECONOMIC PERFORMANCE EFFICIENT MARKETS ENFORCEMENT POWERS EXPENDITURE EXPENDITURES EXPOSURE FINANCIAL INNOVATION FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL MARKETS FINANCIAL SECTOR FISCAL DEFICITS FOREIGN ASSETS FOREIGN CURRENCY FOREIGN DEBT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FUTURES GDP GOVERNMENT DEBT GOVERNMENT SECURITIES HOUSING INCOME INDEXATION INFLATION INFLATION RATES INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INTEREST RATE INTEREST RATES INTERNATIONAL BANKS LIQUIDITY LIQUIDITY MANAGEMENT LOCAL CURRENCY LOCAL GOVERNMENTS MARKET PARTICIPANTS MARKET PRICES MARKETABLE DEBT SECURITIES MATURITIES MATURITY MIDDLE INCOME COUNTRIES MONETARY POLICY MONEY MARKET MORTGAGE BANKS MUTUAL FUND NATIONAL DEBT OTC OUTSTANDING DEBT PENSION FUNDS PENSIONS PRIMARY DEALERS PRODUCTIVITY PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC EXPENDITURES PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SPENDING PUBLIC SUBSCRIPTION PUBLIC UTILITIES PUBLIC WORKS PURCHASE PRICE REAL INTEREST RATE REDEMPTION REFINANCING REFINANCING RISK REPAYMENT REPO RESERVE REQUIREMENTS RETAIL INVESTORS RISK MANAGEMENT SAVINGS SECONDARY MARKETS SECURITIES SETTLEMENT SUBSTITUTION SUPERVISORY FRAMEWORK TAX TAX COLLECTION TAXATION TRANSPARENCY TREASURY TREASURY BILLS TREASURY BONDS URBAN PLANNING VARIABLE RATE BONDS
Online Access:	http://documents.worldbank.org/curated/en/2004/09/5175068/greco-roman-lessons-public-debt-management-debt-market-development http://hdl.handle.net/10986/14295

Internet

http://documents.worldbank.org/curated/en/2004/09/5175068/greco-roman-lessons-public-debt-management-debt-market-development
http://hdl.handle.net/10986/14295

Greco-Roman Lessons for Public Debt Management and Debt Market Development

Internet

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