Do Financial Markets Value Quality of Fiscal Governance?

Released on by Kady Keita
preview-18

  • Do Financial Markets Value Quality of Fiscal Governance? Book Detail

  • Author : Kady Keita
  • Release Date : 2019-10-11
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 29
  • ISBN 13 : 1513516124
  • File Size : 5,5 MB
DOWNLOAD BOOK

Do Financial Markets Value Quality of Fiscal Governance? by Kady Keita PDF Summary

Book Description: We examine the link between the quality of fiscal governance and access to market-based external finance. Stronger fiscal governance is associated with improvements in several indicators of market access, including a higher likelihood of issuing sovereign bonds and having a sovereign credit rating, receiving stronger ratings, and obtaining lower spreads. Using the more granular information on quality of fiscal governance from Public Expenditure and Financial Accountability (PEFA) assessments for 89 emerging and developing economies, we find that similar indicators of market access are correlated with sound public financial management practices, especially those that improve budget transparency and reporting, debt management, and fiscal strategy.

Disclaimer: www.yourbookbest.com does not own Do Financial Markets Value Quality of Fiscal Governance? books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Financial Markets and Public Finance

Financial Markets and Public Finance

File Size : 44,44 MB
Total View : 5797 Views
DOWNLOAD

The interaction between financial markets and public finance has recently become an even more important policy field. Risk factors have been revealed that harm

Government Finance Statistics Manual 2014

Government Finance Statistics Manual 2014

File Size : 53,53 MB
Total View : 525 Views
DOWNLOAD

The 2007–09 international financial crisis underscored the importance of reliable and timely statistics on the general government and public sectors. Governme