ebook img

Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters) PDF

2021·17 MB·English
Save to my drive
Quick download
Download

Download Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters) PDF Free - Full Version

by Martin Melecky| 2021| 17| English

About Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters)

The COVID-19 crisis, which has sent economies in South Asia and around the world into a deep recession, has highlighted South Asia’s rising debt levels and sizable hidden liabilities. State-owned enterprises, state-owned commercial banks, and public-private partnerships have been at the center of the rising debt wave and the latest pandemic response. Historically, South Asia has relied on these direct public interventions more than other regions. The interventions have helped governments tackle key development challenges and rapidly deliver relief measures during crises. However, because of their inefficiencies and weak governance, the interventions are also a significant source of public indebtedness and macrofi nancial risks. Hidden Debt examines the trade-off between tackling development challenges through direct state presence in the market and avoiding unsustainable debt due to economic inefficiencies of such off-balance sheet operations, which greatly leverage public capital. The study recommends a reform agenda based on the four interrelated principles of purpose, incentives, transparency, and accountability (PITA). The reforms can mitigate the risks that off-balance sheet operations will become the source of the next financial crisis in South Asia.

Detailed Information

Author:Martin Melecky
Publication Year:2021
ISBN:9781464816673
Language:English
File Size:17
Format:PDF
Price:FREE
Download Free PDF

Safe & Secure Download - No registration required

Why Choose PDFdrive for Your Free Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters) Download?

  • 100% Free: No hidden fees or subscriptions required for one book every day.
  • No Registration: Immediate access is available without creating accounts for one book every day.
  • Safe and Secure: Clean downloads without malware or viruses
  • Multiple Formats: PDF, MOBI, Mpub,... optimized for all devices
  • Educational Resource: Supporting knowledge sharing and learning

Frequently Asked Questions

Is it really free to download Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters) PDF?

Yes, on https://PDFdrive.to you can download Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters) by Martin Melecky completely free. We don't require any payment, subscription, or registration to access this PDF file. For 3 books every day.

How can I read Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters) on my mobile device?

After downloading Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters) PDF, you can open it with any PDF reader app on your phone or tablet. We recommend using Adobe Acrobat Reader, Apple Books, or Google Play Books for the best reading experience.

Is this the full version of Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters)?

Yes, this is the complete PDF version of Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters) by Martin Melecky. You will be able to read the entire content as in the printed version without missing any pages.

Is it legal to download Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia (South Asia Development Matters) PDF for free?

https://PDFdrive.to provides links to free educational resources available online. We do not store any files on our servers. Please be aware of copyright laws in your country before downloading.

The materials shared are intended for research, educational, and personal use in accordance with fair use principles.