This paper analyzes the status of public debt management performance in 17 small states through the findings of the Debt Management Performance Assessment reports. Empirical evidence indicates that the higher the quality of a country's policies and institutions, the better is its capacity to carry debt and withstand exogenous shocks. Borrowing for productive purposes can be an important element in boosting growth of gross domestic product but, conversely...
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INFORMATION
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2013/02/01
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Document de travail de recherche sur les politiques
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WPS6356
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1
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1
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2013/02/01
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Disclosed
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Small states -- performance in public debt management
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small states
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