Sources

SRC-079

John Cady and Anthony Pellechio, Sovereign Borrowing Cost and the IMF's Data Standards Initiatives, IMF Working Paper WP/06/78, 2006

Source ID
SRC-079
Citation
John Cady and Anthony Pellechio, Sovereign Borrowing Cost and the IMF's Data Standards Initiatives, IMF Working Paper WP/06/78, 2006
URL or path
research/retrieved/SRC-079_elibrary.imf.org.html; https://www.elibrary.imf.org/view/journals/001/2006/078/001.2006.issue-078-en.xml
Type
IMF working paper
Hierarchy tier
1
Published
2006
Accessed
2026-08-15
Snapshot
Retrieved and archived to research/ on 15 August 2026 under the D-046 Chapter 3 retrieval gate. research/ is not committed. imf.org PDF 403; elibrary 200. || HELD. Retrieved 1 September 2026 by plain HTTP GET with a browser User-Agent, HTTP 200, 655203 bytes, SHA-256 a7022327216c42df..., at research/retrieved/SRC-079_elibrary.imf.org.html. The capture terminates correctly. THIS ROW PREVIOUSLY CARRIED AN ADDRESS AND NO HELD FILE, so anything it recorded as read could not be checked by anyone; it can now.
Claims
CH3 econometric limb, issue 59
Status
READ

Version history

The register keeps changing after the book is fixed in print. Each entry below was added to this row in the order shown.

  1. THE LOAD-BEARING CONDITIONAL, VERBATIM: 'Stable and significant panel econometric estimates indicate that subscription to the Special Data Dissemination Standard (SDDS) reduces launch spreads by an average of 20 percent while participation in the General Data Dissemination System (GDDS) reduces spreads FOR THOSE COUNTRIES WITH ACCESS TO CAPITAL MARKETS by an average of 8 percent. These estimates correspond to discounts of some 50 and 20 basis points, respectively.' THE CONDITIONAL IS THE POINT FOR CHAPTER 3. The 8 per cent GDDS discount is conditioned on access to capital markets, and Syria has none: no NSDP per SRC-069, no concluded Article IV since 2010 per SRC-073, and arrears in default under the Arab Monetary Fund's own twelve-month rule per SRC-070. The estimate cannot be applied to Syria, and saying why is stronger than any number would be.