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|z 9781513514550
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|a 1018-5941
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|a End, Nicolas.
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|a Instruments of Debtstruction :
|b A New Database of Interwar Debt /
|c Nicolas End, Marina Marinkov, Fedor Miryugin.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2019.
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|a 1 online resource (47 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a We construct a new, comprehensive instrument-level database of sovereign debt for 18 advanced and emerging countries over the period 1913-46. The database contains data on amounts outstanding for some 3,800 individual debt instruments as well as associated qualitative information, including instrument type, coupon rate, maturity, and currency of issue. This information can provide unique insights into various policies implemented in the interwar period, which was characterized by notoriously high debt levels. We document how interwar governments rolled over debts that were largely unsustainable and how the external public debt network contributed to the collapse of the international financial system in the early 1930s.
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|a Mode of access: Internet
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|a Marinkov, Marina.
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|a Miryugin, Fedor.
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|a IMF Working Papers; Working Paper ;
|v No. 2019/226
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2019/226/001.2019.issue-226-en.xml
|z IMF e-Library
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