First published in 1990, International Bond Markets analyses how the markets in public-sector debt have developed and how they operate in a number of countries, including those with chronic budget deficits. Alongside a detailed introduction to government borrowing, chapters consider the bond markets and debt management systems of the U.S.A., Japan, France, Italy and the U.K. With governments around the world struggling to manage their huge deficits, this is a particularly relevant title to students observing the current global economic situation, and those with a general interest in public debt management and bond markets.
Table of Contents
Figures; Tables; Contributors; 1. Introduction: Government borrowing, debt management and bond markets David Gowland 2. Debt management in the United States of America Barrie Craven 3. The Japanese bond market M. Okuda and Stephen James 4. The French bond market Jean-Marie Serre and David Cobham 5. Debt management in the United Kingdom and the London gilt-edged market David Gowland 6. The bond market in Australia Kevin Davis and Mervyn Lewis 7. The bond market and the changing financial structure of Italy Giuseppe Mauro; Index