Default in Today's Advanced Economies : Unnecessary, Undesirable, and Unlikely /

This note summarizes the main arguments put forward by some market commentators who argue that default is inevitable, and presents a rebuttal for each argument in turn. Their main arguments focus on the size of the adjustment and continued market concerns reflected in government bond spreads. The es...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Cottarelli, Carlo
مؤلفون آخرون: Forni, Lorenzo, Gottschalk, Jan, Mauro, Paolo
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2010.
سلاسل:IMF Staff Position Notes; Staff Position Note ; No. 2010/012
الوصول للمادة أونلاين:Full text available on IMF