Do Financial Markets Value Quality of Fiscal Governance is popular PDF and ePub book, written by Kady Keita in 2019-10-11, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Do Financial Markets Value Quality of Fiscal Governance can be Read Online from any device for your convenience.
Do Financial Markets Value Quality of Fiscal Governance Book PDF Summary
We examine the link between the quality of fiscal governance and access to market-based external finance. Stronger fiscal governance is associated with improvements in several indicators of market access, including a higher likelihood of issuing sovereign bonds and having a sovereign credit rating, receiving stronger ratings, and obtaining lower spreads. Using the more granular information on quality of fiscal governance from Public Expenditure and Financial Accountability (PEFA) assessments for 89 emerging and developing economies, we find that similar indicators of market access are correlated with sound public financial management practices, especially those that improve budget transparency and reporting, debt management, and fiscal strategy.
Detail Book of Do Financial Markets Value Quality of Fiscal Governance PDF
- Author : Kady Keita
- Release : 11 October 2019
- Publisher : International Monetary Fund
- ISBN : 9781513516127
- Genre : Business & Economics
- Total Page : 29 pages
- Language : English
- PDF File Size : 12,8 Mb
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