The Potential Role for Securitizing Public Sector Revenue Flows : An Application to the Philippines /
Since the mid-1980s, the securitization of future flow receivables has grown in importance as a financing alternative for the public sector. In a world of perfect capital markets, there appears to be little rationale-in terms of reducing the average cost of public sector financing-to resort to secur...
| Glavni autor: | |
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| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2002.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2002/106 |
| Online pristup: | Full text available on IMF |