This paper-consisting of a regional study and seven country studies-reviews the state of domestic public debt markets … account for the lion's share of capital markets, regional public debt markets remain underdeveloped for a variety of reasons …. The problems of small scale, dollarization, and weak public finances in many countries are compounded by poor structure …

years-regardless of their exchange rate regime-their growth rates have been disappointing and their public debt has risen …. Most of the increase in their public debt is accounted for by a deterioration in primary fiscal balances that has been … largely due to a sharp increase in expenditures rather than a fall in revenues. With the countries of the region now …

Projections of age-related public expenditure growth have raised widespread concerns about fiscal sustainability. This … paper examines how total expenditure would develop under four policy rules on public expenditure growth. Some simple …

This paper assesses the relative efficiency and flexibility of public spending in Slovenia compared to the advanced and …, such as public investment. …