Global Monetary Tightening : Emerging Markets Debt Dynamics and Fiscal Crises /
This paper finds that tightening global financial conditions can worsen emerging economies' public debt dynamics through an increasing interest rate-growth differential, particularly if coupled with high global risk aversion. Latin America and emerging Europe are the regions most likely to be a...
Auteur principal: | |
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Autres auteurs: | , |
Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2014.
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Collection: | IMF Working Papers; Working Paper ;
No. 2014/215 |
Accès en ligne: | Full text available on IMF |