Financing Developing Country Debt: A Sovereign Borrowing Entity Proposal
نویسندگان
چکیده
منابع مشابه
Financing Developing Country Debt: A Sovereign Borrowing Entity Proposal
This paper proposes the creation of a Sovereign Borrowing Entity (SBE) under the auspices of the International Monetary Fund (IMF) and other International Financial Institutions (IFIs). The SBE guarantees bond issuances by developing nations, packages them in relatively small denominations, and auctions them to the public. Should a developing debtor country fail to pay its debt, the SBE would r...
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ژورنال
عنوان ژورنال: Journal of Financial Risk Management
سال: 2014
ISSN: 2167-9533,2167-9541
DOI: 10.4236/jfrm.2014.33008