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When does Strategic Debt-service Matter?

✍ Scribed by Viral Acharya; Jing-zhi Huang; Marti Subrahmanyam; Rangarajan K. Sundaram

Book ID
105866484
Publisher
Springer
Year
2005
Tongue
English
Weight
158 KB
Volume
29
Category
Article
ISSN
0938-2259

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## Abstract Latin American countries have been in the eye of economic and financial storms several times in recent years. Advice from the International Monetary Fund has consistently highlighted the need for sound fiscal policies and lower debt levels. But is public debt relevant? Following a brief