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1. Introduction
2. Outline
3. What is sovereign debt management?
4. What is public sector debt?
5. Government debt and public sector debt
6. Debt management is important
7. Both size and composition matter
8. Why it is important- cause and effect
9. The problems of the 1990s
10. Crisis of debt strategy
11. Crisis of professionalism
12. Responses in developed countries (1)
13. Responses in developed countries (2)
14. Emerging market economies - additional problems
15. Emerging market economies - some solutions
16. Some trends - the OECD
17. Some trends - EMCs
18. Some trends - surplus countries
19. The macro-economic environment
20. The macro-economic framework
21. Some qualifications
22. Monetary, fiscal and debt management policy
23. Different coordination mechanisms
24. Sound practice in debt management
25. The 6 building blocks of sound practice
26. Debt management objectives
27. Objectives- different approaches
28. Transparency and accountability
29. Institutional framework
30. Why create a debt management office?
31. Different international institutional arrangements
32. Inside or outside the ministry of finance?
33. Three levels of governance
34. External and internal governance structure
35. The growing responsibilities of debt managers
36. Debt management strategy
37. Risk management framework
38. Risk management
39. Risk is not symmetrical
40. Choices faced by debt managers
41. Developing debt strategy
42. Developing a debt management strategy
43. The conceptual task
44. Debt strategy challenges - ALM
45. Debt strategy challenges - the FX reserves
46. Cash management objectives
47. Developing the government securities market
48. Why issue domestically?
49. Breaking the vicious circle
50. Develop on a broad front
51. Market development - a perspective
52. Market challenges in developed countries
53. Conclusions

Topics Covered

• What is debt management and why it is important
• Recent history and current trends |The macroeconomic environment
• The building blocks of sound practice in debt management
• Debt management objectives
• Transparency and accountability
• Institutional framework
• Debt management strategy
• Risk management framework |Developing the government securities market
• Issues arising in developed and in emerging market countries

Links

Series:

• Government Debt Management

Categories:

• Finance, Accounting & Economics

Talk Citation

Publication History

• Published on May 12, 2009