01758cas a2200265 a 4500 AALejournalIMF009104 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451864465 1018-5941 BD-DhAAL BD-DhAAL Rother, Bjoern. The Level and Composition of Public Sector Debt in Emerging Market Crises / Bjoern Rother, Ivetta Hakobyan, Monica de Bolle. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (35 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper examines the evolution of public sector debt levels and structures in 12 emerging market countries around the time of financial crises. In particular, it focuses on whether the debt situation of sovereign borrowers became more vulnerable in the aftermath of crises. The principal findings are that (i) debt levels tend to increase significantly post-crisis, and (ii) countries often experience more rigid debt structures following such events, with an increase in the share of external public debt to multilateral creditors and a greater exposure of the domestic banking system to sovereign debt. Mode of access: Internet de Bolle, Monica. Hakobyan, Ivetta. IMF Working Papers; Working Paper ; No. 2006/186 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/186/001.2006.issue-186-en.xml IMF e-Library