Premium
Debt administration in Small Island‐States
Author(s) -
Moloney Kim
Publication year - 2019
Publication title -
australian journal of public administration
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.524
H-Index - 41
eISSN - 1467-8500
pISSN - 0313-6647
DOI - 10.1111/1467-8500.12347
Subject(s) - debt , transparency (behavior) , debt service coverage ratio , administration (probate law) , internal debt , external debt , debt levels and flows , business , debt to gdp ratio , public service , state (computer science) , senior debt , service (business) , economics , financial system , finance , public administration , political science , marketing , law , algorithm , computer science
Public debt management is an infrequent focus of public administration studies. Yet without appropriate debt management, administrators have few financial resources for public service provision. Island‐state administrators face an enhanced service provision challenge. The peculiarity of island‐state economies, the unpredictability of exogenous events and the state's endogenous choices increase debt administration's importance. Via its focus on debt management office location and the administrative constraints posed by brain drain, transparency and regionalization, this paper goes beyond typical debt management studies to engage debt administration spaces. The result is a framework for studies of debt administration in Small Island‐States.