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...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Cottarelli, Carlo
Άλλοι συγγραφείς: Forni, Lorenzo, Gottschalk, Jan, Mauro, Paolo
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2010.
Σειρά:IMF Staff Position Notes; Staff Position Note ; No. 2010/012
Διαθέσιμο Online:Full text available on IMF