PUBLIC DEBT MANAGEMENT AND QUANTITATIVE MACROECONOMIC STABILITY.part 1

The evolution of domestic financial market and allied financial market management still under trial in developing countries and the plight of finance accessibility unarguably largely contributed to stunted economy plaguing the region.In this treatise,the blogger Ibikunle laniyan examines the plight of public debt management in the region and the critical attempt to reform public debt model.Enjoy the reading.                                                        Public debt management in most economies is tàking a new critical dimension entirely due to the rapid growth of mordern technological freedom and the landmark attempt to digitalise access to mordern finance flagging off the new method at the ownership means of wealth creatioñ.The financial market development with the right legal framework for capacity building and public debt composition shares similar and sometimes dissimilar consensus and bear same consequences to the plight of sustainable growth and development in the region.The case studies for the last 30years providing empirical evidence do not avers differently and most especially in the post COVID19 period took another dimension that boomerang worldwide.Recent research has shown the public sector debt management and macroeconomic performance impact growth and development in the same direction and that determining optimal public debt composition can have considerable significance on macroeconomic stability.In this context establishing general guidelines in emerging markets is vital for effective public debt management.Using a variety of widely distributed securities,at varying market rates,the growth of market access retention and the domestic promotion of financial markets development can be embarked upon in terms of sustainability by governments in general.However, general principle besides,public debt optimal composition does not necessarily involved fervent trade off between enhancing government's anti-inflationary appeal and reduce budget vulnerability to Macroeconomic shocks

.Consequently,optimal debt composition and components parts

should not be determine by country's prevailing circumstances and not just heavily weighted towards long-term nominal governments securities for economies with anti-inflationary credibility and long term indexed debt for those to that barely comply,but the diversified debt  entity and the creation of newly branded debt economy opens unknown frontier into the universal prosperity of  the golden age civilization.