Effective Domestic Debt Management in Developing Countries

Foreword Acknowledgements 1. Effective Domestic Debt Management in Developing Countries Why domestic debt levels have risen Consequences of excessive borrowing Objectives of debt management in developing countries Functions of debt management Linkages between public debt and fiscal deficits Ways of financing deficits 2. Key Issues for Developing Countries Six areas for action Commonwealth Secretariat programme of assistance in debt and development resource management 3. Checklist for Action Appendices