Publication:
Enhancing Debt Transparency by Strengthening Public Debt Transaction Disclosure Practices

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dc.contributor.authorWorld Bank
dc.date.accessioned2022-05-13T16:00:42Z
dc.date.available2022-05-13T16:00:42Z
dc.date.issued2022-05-02
dc.description.abstractImproving debt transparency is critical for promoting debt sustainability and creditworthiness assessments, increasing the accuracy of public debt information, and protecting the interests of a diverse range of stakeholders. The importance of debt transparency, the costs associated with the lack of it, and its benefits, are extensively discussed in recent World Bank literature. One of the key factors that limits debt transparency as it relates to public disclosure and the sharing of public debt-related information, is transaction-level confidentiality and disclosure practices. Challenges to disclosure have become more evident during recent debt distress among borrowing countries, and the COVID-19 pandemic. The discussion in this paper reveals issues that arise from confidentiality and disclosure practices among lenders and borrowers; and highlights how these issues cause information asymmetries and undermine the interests of stakeholders. The paper concludes by proposing concrete and actionable recommendations for the World Bank, IMF and sovereigns.en
dc.identifierhttp://documents.worldbank.org/curated/en/099851205022236961/IDU0f4d568b1041650496b0b781032d25e3316ee
dc.identifier.doi10.1596/37420
dc.identifier.urihttps://hdl.handle.net/10986/37420
dc.languageEnglish
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectDEBT MANAGEMENT
dc.subjectPUBLIC DEBT INFORMATION
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectMACROECONOMIC POLICY
dc.titleEnhancing Debt Transparency by Strengthening Public Debt Transaction Disclosure Practicesen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleEnhancing Debt Transparency by Strengthening Public Debt Transaction Disclosure Practices
okr.date.disclosure2022-05-02
okr.date.doiregistration2025-05-07T09:34:10.039332Z
okr.date.lastmodified2022-05-02T00:00:00Zen
okr.doctypeReport
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099851205022236961/IDU0f4d568b1041650496b0b781032d25e3316ee
okr.guid099851205022236961
okr.identifier.externaldocumentum33808967
okr.identifier.internaldocumentum33808967
okr.identifier.report171130
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099851205022236961/pdf/IDU0f4d568b1041650496b0b781032d25e3316ee.pdfen
okr.topicFinance and Financial Sector Development::Strategic Debt Management
okr.topicInternational Economics and Trade::External Debt
okr.unitEFI-MTI-TIC-Trade and RI (ETIRI)
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