This publication is a compendium of discussions and papers presented in three regional workshops on Effective Domestic Debt Management conducted by the Commonwealth Secretariat between 1996 and 1998. The object of the workshops was to help developing countries to manage their domestic debt more effectively. It is the first in a series of publications to be produced by the Commonwealth Secretariat on debt issues.
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