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Assessment of Debt Restructuring Operations in Commonwealth Small States

Assessment of Debt Restructuring Operations in Commonwealth Small States
Author: Michele Robinson (Economist)
Publisher:
Total Pages: 88
Release: 2015
Genre: Business & Economics
ISBN:

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This paper highlights the concerns of Commonwealth small states about unsustainable debt burdens and the emerging challenges to their overall debt sustainability. It offers key lessons learned from Antigua and Barbuda, Belize, Dominica, Grenada, Jamaica, St Kitts and Nevis, and Seychelles.


Small States: Economic Review and Basic Statistics, Volume 20

Small States: Economic Review and Basic Statistics, Volume 20
Author: Commonwealth Secretariat
Publisher: Commonwealth Secretariat
Total Pages: 121
Release: 2018-04-23
Genre: Business & Economics
ISBN: 1849291772

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Small States: Economic Review and Basic Statistics is a flagship publication of the Commonwealth Secretariat highlighting the development indicators of small states and disseminating knowledge on their economic performance. This milestone 20th volume looks back at the progress of small states over the past 25 years. It also takes stock of the Commonwealth Secretariat’s contribution to the international discourse on small states and the development of the states themselves.


Debt and Development in Small Island Developing States

Debt and Development in Small Island Developing States
Author: D. King
Publisher: Springer
Total Pages: 396
Release: 2014-12-17
Genre: Business & Economics
ISBN: 1137392789

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Debt and Development in Small Island Developing States draws on the expertise of established researchers and public officials from within the SIDS community to answer the following pressing questions related to sustainability, debt accumulation, and prospects for future growth.


Barbados’ 2018–19 Sovereign Debt Restructuring–A Sea Change?

Barbados’ 2018–19 Sovereign Debt Restructuring–A Sea Change?
Author: Myrvin Anthony
Publisher: International Monetary Fund
Total Pages: 29
Release: 2020-02-21
Genre: Business & Economics
ISBN: 151352996X

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This paper examines the causes, processes, and outcomes of Barbados’ 2018–19 sovereign debt restructuring—its first ever. The restructuring was comprehensive, featuring several rarely used approaches, including the restructuring of treasury bills, and the use of a retrofitted collective action mechanism. The debt restructuring has helped to set Barbados’ public debt on a clear downward trajectory. A sustained reform effort, maintaining high primary surpluses and ambitious structural reforms, will be needed to gradually reduce public debt from about 160 percent of GDP before the restructuring to the country’s 60 percent debt-to-GDP target.


Commonwealth Yearbook

Commonwealth Yearbook
Author: Nexus Strategic Publishers
Publisher: Commonwealth Yearbook
Total Pages: 668
Release: 2015-09-15
Genre: History
ISBN: 9781908609199

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The Commonwealth Yearbook is the flagship annual publication of the Commonwealth Secretariat, with this special anniversary edition celebrating the Secretariat's 50th year. Published annually, the Yearbook is the essential reference guide to the countries, organisations, activities and values of the modern Commonwealth. This special 2015 anniversary edition has been fully updated to include: * Strategic directions of the association as it prepares for the Commonwealth Heads of Government Meeting and Commonwealth People's Forum 2015 in Malta * Programmes and partnerships adding global value in the areas of politics (democracy and rights, rule of law, gender equality, youth empowerment); governance and natural resources; health and education; economics and trade; and resilience in small and vulnerable states * Moments of Commonwealth history recorded by historians and Secretariat insiders of the time * A guide to the essential Commonwealth communiques and declarations including those from the 2013 Heads of Government meeting in Sri Lanka and Commonwealth Charter * Comprehensive profiles of 53 member countries, including overseas territories * An extensive statistics and reference section, and the official directory of Commonwealth professional, cultural and civil society development agencies.


Transparency in Government Operations

Transparency in Government Operations
Author: Mr.J. D. Craig
Publisher: International Monetary Fund
Total Pages: 50
Release: 1998-02-03
Genre: Business & Economics
ISBN: 155775697X

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Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.


Public Sector Debt Statistics

Public Sector Debt Statistics
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 230
Release: 2011-12-08
Genre: Business & Economics
ISBN: 161635156X

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The global financial crisis of recent years and the associated large fiscal deficits and debt levels that have impacted many countries underscores the importance of reliable and timely government statistics and, more broadly, public sector debt as a critical element in countries fiscal and external sustainability. Public Sector Debt Statistics is the first international guide of its kind, and its primary objectives are to improve the quality and timeliness of key debt statistics and promote a convergence of recording practices to foster international comparability and as a reference for national compilers and users for compiling and disseminating these data. Like other statistical guides published by the IMF, this one was prepared in consultation with countries and international agencies, including the nine organizations of the Inter-Agency Task Force on Finance Statistics (TFFS). The guide's preparation was based on the broad range of experience of our institutions and benefitted from consultation with national compilers of government finance and public sector debt statistics. The guide's concepts are harmonized with those of the System of National Accounts (2008) and the Balance of Payments and International Investment Position Manual, Sixth Edition.


Stop Vulture Fund Lawsuits

Stop Vulture Fund Lawsuits
Author: Devi Sookun
Publisher: Commonwealth Secretariat
Total Pages: 148
Release: 2010
Genre: Business & Economics
ISBN: 9781849290081

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This handbook distils the key lessons on best practice in negotiating loan agreements, and responding to the activities of vulture funds - funds that buy up the debt of sovereign countries at a discount in the hope of making significant profit - for the benefit of all government officials who may have to deal with these issues.


Government Finance Statistics Manual 2014

Government Finance Statistics Manual 2014
Author: Mrs.Sage De Clerck
Publisher: International Monetary Fund
Total Pages: 470
Release: 2015-03-10
Genre: Business & Economics
ISBN: 1498379214

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The 2007–09 international financial crisis underscored the importance of reliable and timely statistics on the general government and public sectors. Government finance statistics are a basis for fiscal analysis and they play a vital role in developing and monitoring sound fiscal programs and in conducting surveillance of economic policies. The Government Finance Statistics Manual 2014 represents a major step forward in clarifying the standards for compiling and presenting fiscal statistics and strengthens the worldwide effort to improve public sector reporting and transparency.


Doing Business 2020

Doing Business 2020
Author: World Bank
Publisher: World Bank Publications
Total Pages: 241
Release: 2019-11-21
Genre: Business & Economics
ISBN: 1464814414

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Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.