Sovereign Default Risk and Private Sector Access to Capital in Emerging Markets /

Top down spillovers of sovereign default risk can have serious consequences for the private sector in emerging markets. This paper analyzes the effects of these spillovers using firm-level data from 31 emerging market economies. We assess how sovereign risk affects corporate access to international...

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Bibliographic Details
Main Author: Das, Udaibir
Other Authors: Papaioannou, Michael, Trebesch, Christoph
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/010
Online Access:Full text available on IMF