New Approaches to a Fiscally Oriented Debt Management Strategy: Objectives, Instruments, and Risks - 10.1628/001522105776072753 - Mohr Siebeck
Economics

Hannes Rehm

New Approaches to a Fiscally Oriented Debt Management Strategy: Objectives, Instruments, and Risks

Section: Fiscal Policy in Action
FinanzArchiv (FA)

Volume 61 () / Issue 4, pp. 587-608 (22)

22,00 € including VAT
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In 2004, government debt in Germany reached a record level. In view of this, debt servicing represents a considerable part of the government budget. Hence, debt management is of increasing significance. The paper describes the objectives and risks of a fiscally oriented debt management strategy. It then presents the instruments that can be used to mitigate risks. The analysis is augmented with a description of the institutional, organizational, and legal regulations that debt managers in Germany must adhere to.
Authors/Editors

Hannes Rehm No current data available.