Debt Maturity and the International Financial Architecture /
This paper presents a theory of the maturity of international sovereign debt and derives its implications for the reform of the international financial architecture. It presents a general equilibrium model in which the need to roll over external debt disciplines the policies of debtor countries but...
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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2004.
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Serier: | IMF Working Papers; Working Paper ;
No. 2004/137 |
Online adgang: | Full text available on IMF |