Dealing with Systemic Sovereign Debt Crises : Fiscal Consolidation, Bail-ins or Official Transfers? /
The paper presents a tractable model to understand how international financial institutions (IFIs) should deal with the sovereign debt crisis of a systemic country, in which case private creditors' bail-ins entail international spillovers. Besides lending to the country up to its borrowing capa...
| Auteur principal: | |
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2015/223 |
| Accès en ligne: | Full text available on IMF |