External Debt and Economic Reform : Does a Pain Reliever Delay the Necessary Treatment? /

Recent literature argues that conflict in shifting adjustment costs between different socioeconomic groups delays necessary reforms and finds that such reforms often follow economic crises. This paper expands these models by including external borrowing by the private sector and shows that this may...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Vamvakidis, Athanasios
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2007.
Cyfres:IMF Working Papers; Working Paper ; No. 2007/050
Mynediad Ar-lein:Full text available on IMF