Emerging Market Debt and Development Economics: a Retrospect from 1970 to the Covid (notice n° 697904)
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fixed length control field | 01768cam a2200169 4500500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250121212349.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Fabre, Camille |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | Emerging Market Debt and Development Economics: a Retrospect from 1970 to the Covid |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2021.<br/> |
500 ## - GENERAL NOTE | |
General note | 18 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | Following the Covid crisis, debt was mobilized on a large scale and rapidly, in the developed countries, the situation is more complicated for the emerging countries, and a fortiori the developing countries, because of the low level of local revenue mobilization in these countries, as well as limited access to financial markets, or else at high rates. The crisis is undermining the traditional public debt management instruments in emerging countries, and the analysis proposes the use of other contractual instruments to finance this debt. In view of the magnitude in emerging countries financing needs, more private flows are needed because the response of multilateral organizations and official bilateral donors alone will not be sufficient. It is also necessary to ensure that the debt sustainability of these countries is not jeopardized and that, in the event of restructuring, it is shared equitably among all creditors. It is this balance that must guide all stakeholders in order to build a more secure financial system. And one that will ultimately enable these countries to be more resilient to natural disasters. JEL Codes: E44, F21, F30, F34, F40, G00, G10, G15, G30. |
700 10 - ADDED ENTRY--PERSONAL NAME | |
Personal name | Marsilli, Clément |
Relator term | author |
786 0# - DATA SOURCE ENTRY | |
Note | Revue d'économie financière | 141 | 1 | 2021-06-28 | p. 23-44 | 0987-3368 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-d-economie-financiere-2021-1-page-23?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-financiere-2021-1-page-23?lang=en&redirect-ssocas=7080</a> |
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