Lending Resumption After Default : Lessons from Capital Markets During the 19th Century /
This paper mines the experience of capital markets during the 19th century to propose an alternative way of interpreting international default episodes. The standard view is that defaulting on sovereign debt entails exclusion from capital markets. Yet we have observed multiple instances of sovereign...
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2006.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2006/176 |
| Online Erişim: | Full text available on IMF |