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the public debt management issue or practice, e.g. h��V[k�0�+zl�$۲d(�\Z��h�:��&^bp��c��;�XR�4��
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Further reforms on public debt management are needed to promote efficiency, further develop the capital market and enhance overall financial stability. ]��B��n�d`\� e쁋�00�n���0 l�(�
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Coordinating Public Debt Management with Fiscal and Monetary Policies: An Analytical Framework 1. endstream
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Keywords: Fiscal policy, public debt management…
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�j�*��z����j���mY��m���ٶ�U�@�ݤtmx�s�)�o�Z$0i Al though strong assumptions are needed to ensure neutrality of public debt management it is nevertheless of interest to study it, since an analysis il luminates the mechanisms through which public debt management … 1. �:�m��֠���܊��s�6�#j��Ԥ;��!�hR����K�Qp܊\���/]5�i��jg�C��9�*�x�l�Cƿ�#؏������%5Ur!�i�$'�X�N� l{�Z���M�5�(��ԣ�W�s9$���M'���w��:�0z�E/�F2����;��Y���t��h��c�ŇԸ��z�i��\� %%EOF
The choice of currency denomination, indexation, and maturity structure of public debt is an increasingly important aspect of policy in a world of high debts and and financially integrated markets. when public debt management does not matter, i.e., when it is neutral.
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�f�4c���u6�6l��`kh�`hh �@��� @;��i f��;7��MMǾ�x�@��b ��/H[00. Finance the government and meet servicing obligations 2. debt management strategy and the second part explains how to audit the issue or practice. ]9|����5�o�T�,�h�i��Z�
hK�=�\����>��o�q3��j����#d���V����g���x0����z� Minimize cost butsubject to containing risks over the medium/long term 3. Introduction There is growing consensus that public debt management should be integrated into a … endstream
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