Crisis-Related Measures in the Financial System and Sovereign Balance Sheet Risks

Nopic
This paper examines the fiscal and financial risk implications of support measures in a sovereign balance sheet framework, making the point that the ultimate fiscal cost will depend on how balance sheets are managed—both in the near-term and as governments develop unwinding strategies. It suggests some key principles for efficient and... READ MORE...

Publication date: July 2009
ISBN 9781498335751
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