Coordinating Public Debt Management With Fiscal And Monetary Policies : An Analytical Framework

Abstract

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent.

Institucijski okvir upravljanja javnim dugom u Europskoj uniji s osvrtom na Hrvatsku

“…Odnosi među upravljanjem javnim dugom te monetarnom i fiskalnom politikom analizirani su (Togo, 2007) tako da se pokazuju posljedice nekoordinirane politike. Visoka razina državnih obveza kreirala je državne odluke bez presedana početkom financijske krize (Weist, Togo, Prased, O'Boyle, 2010).…”

Disparity in the Responses to the European Financial Crisis: Cyprus and the State of Bail-In Policy

“…64 (Togo 2007) Hess 19 all-too-slow pace. In an Op-ed piece for the New York Times, Paul Krugman looks at the relative recoveries of the United States and the Eurozone:…”

Financial stability and sectoral debts: overview of research problems

“…A few authors concentrate on public debt management (IMF and the World Bank, 2003; Hoogduin et al, 2010). It is also analyzed how public debt management, fiscal policy and monetary policy are related while pursuing financial stability (Togo, 2007;Dodge, 2010). Research problems concerning spill-overs between different policies are raised.…”