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Fedesarrollo

Biblioteca virtual de Fedesarrollo

Publicaciones

Investigaciones, libros, encuestas y análisis de coyuntura publicados por Fedesarrollo desde 1970.

1.049 publicaciones

Macroeconomía, Política Monetaria y Fiscal

Interactions between public debt management and debt dynamics and sustainability: theory and application to Colombia

Arbeláez, María A. · Roubini, Nouriel et al.

"In this paper we present an analysis of optimal public debt management and its interaction with debt sustainability, and apply it to Colombia. Optimal public debt management, a difficult and complex issue for emerging market economies, grows more challenging when a country has a large, increasing, and possibly unsustainable debt path that requires a major primary fiscal adjustment to restore debt sustainability."

Noviembre de 2003