How governments borrow: partisan politics, constrained institutions, and sovereign debt in emerging markets
Auteur :
Cormier, Ben
Éditeur :
Oxford University Press
ISBN :
9780198882732
Date de publication :
29 févr. 2024
Dimensions :
24,0 x 16,0 x 2,0 cm
Poids :
442 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
How Governments Borrow reveals how annual borrowing decisions are informed by domestic politics. The book traces the annual fiscal policymaking process in Emerging Markets (EM) to show how a government's partisan policy preferences are a primary determinant of annual external borrowing decisions and thus patterns of debt accumulation.