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...

詳細記述

書誌詳細
第一著者: Vamvakidis, Athanasios
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2007.
シリーズ:IMF Working Papers; Working Paper ; No. 2007/050
オンライン・アクセス:Full text available on IMF