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...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Hauner, David
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2006.
Seria:IMF Working Papers; Working Paper ; No. 2006/026
Dostęp online:Full text available on IMF