Sovereign Debt Markets in Turbulent Times : Creditor Discrimination and Crowding-Out /

In 2007, countries in the Euro periphery were enjoying stable growth, low deficits, and low spreads. Then the financial crisis erupted and pushed them into deep recessions, raising their deficits and debt levels. By 2010, they were facing severe debt problems. Spreads increased and, surprisingly, so...

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Détails bibliographiques
Auteur principal: Broner, Fernando
Autres auteurs: Erce, Aitor, Martin, Alberto, Ventura, Jaume
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2013.
Collection:IMF Working Papers; Working Paper ; No. 2013/270
Accès en ligne:Full text available on IMF