The Choice Between External and Domestic Debt in Financing Budget Deficits : The Case of Central and West African Countries

The Case of Central and West African Countries

The Choice Between External and Domestic Debt in Financing Budget Deficits : The Case of Central and West African Countries
The paper reviews the principles and practical considerations involved in the choice between foreign and domestic financing of fiscal deficits, and derives a series of recommendations broadly applicable to Central and West African countries. The paper develops a simple analytical framework and shows that highly concessional external debt is... READ MORE...

Publication date: May 2002
ISBN 9781451850215
$15.00

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