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Fiscal Risks: Sources, Disclosure, and Management
     

Fiscal Risks: Sources, Disclosure, and Management

by Lusine Lusinyan
 
This paper analyzes the main sources of fiscal risks, including from unexpected changes in macroeconomic variables and banking crises, which can have major consequences for countries' fiscal and public debt sustainability. It builds on an overview of existing practices in a wide range of countries to provide practical suggestions on how to promote disclosure of such

Overview

This paper analyzes the main sources of fiscal risks, including from unexpected changes in macroeconomic variables and banking crises, which can have major consequences for countries' fiscal and public debt sustainability. It builds on an overview of existing practices in a wide range of countries to provide practical suggestions on how to promote disclosure of such risks and on risk mitigation and management. The paper was written in response to requests from IMF member countries for advice on this subject. The paper also includes an example of a possible statement of fiscal risks.

Product Details

ISBN-13:
9781451992595
Publisher:
INTERNATIONAL MONETARY FUND
Publication date:
01/29/2009
Sold by:
Barnes & Noble
Format:
NOOK Book
File size:
1 MB

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