Are Fund Staff Projections of Debt More Optimistic Under Program Contexts?.

This note examines whether projections made in the context of a Fund-supported program are systematically more optimistic than those done for surveillance cases. Of particular interest in this regard is the assessment of external debt sustainability, as this underlies the "capacity to repay the...

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Chi tiết về thư mục
Tác giả của công ty: International Monetary Fund
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2005.
Loạt:Policy Papers; Policy Paper ; No. 2005/065
Truy cập trực tuyến:Full text available on IMF
Miêu tả
Tóm tắt:This note examines whether projections made in the context of a Fund-supported program are systematically more optimistic than those done for surveillance cases. Of particular interest in this regard is the assessment of external debt sustainability, as this underlies the "capacity to repay the Fund" analysis. Accordingly, this note examines debt projections over the period 1990-2004, with data for transition countries beginning in 1995.
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Mô tả vật lý:1 online resource (10 pages)
Định dạng:Mode of access: Internet
số ISSN:2663-3493
Truy cập:Electronic access restricted to authorized BRAC University faculty, staff and students