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...
Autore principale: | |
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Altri autori: | , |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2014.
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Serie: | IMF Working Papers; Working Paper ;
No. 2014/215 |
Accesso online: | Full text available on IMF |