In this publication, the authors offer an analysis of the liquidity challenges facing sovereign states. They identify three key perspectives: the distinction between liquidity and solvency, the implications of rollover risks, and the financing needs for vital long-term investments. By clarifying these concepts, the authors lay the groundwork for impactful contributions to the policy debate.
Authors
- Pages
- 9
- Published in
- Canada
- Rights
- IISD, 2024
Table of Contents
- Introduction 1
- 1. Solvency and Sustainability 2
- 2. Liquidity as Rollover Risks 3
- 3. Liquidity and Investment 5
- Conclusion 6
- References 7
- Mapping external debt vulnerabilities an 7
- Fiscal consolidation Taking stock of success factors impact and design 7
- Integrating China into multilateral debt relief Progress and 7
- Debtor non-participation in sovereign 7
- Sovereign debt A guide for economists and practitioners. 7
- An updated bridge 7
- Sovereign 7
- Too little too late The quest to resolve 7
- Industrial and Corporate Change 33 7
- Stepping up domestic resource mobilization A new joint initiative from 7
- Review of the debt sustainability framework for market 7
- Reviews of the Funds sovereign arrears policies and 8
- Supplement to 2018 guidance note on the Bank-Fund debt 8
- The role of IMF 8
- Journal of International Money and Finance 135 8