Fiscal Policy and Financial Development /

We examine the effects of public sector borrowing from the domestic banking system on financial development in middle-income countries. While these countries' external debt has been falling, the share of bank credit absorbed by the public sector has been rising rapidly. We argue that this runs...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Hauner, David
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/026
الوصول للمادة أونلاين:Full text available on IMF