Fiscal policy and financial development

Fiscal policy and financial development / prepared by David Hauner.

We examine the effects of public sector borrowing from the domestic banking system on financial development in middle-income countries. While these countries' external debt has been falling, the share of bank credit absorbed by the public sector has been rising rapidly. We argue that this runs...

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Bibliographic Details
Main Author: Hauner, David (Author)
Corporate Author: International Monetary Fund. Fiscal Affairs Department
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., ©2006.
Series:IMF working paper ; WP/06/26.
Subjects:
Fiscal policy.
Debts, Public.
Finance.
Banks and banking.
Economic development.
finance.
economic development.
Banks and banking
Debts, Public
Economic development
Finance
Fiscal policy
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