Serial Sovereign Defaults and Debt Restructurings /
Emerging countries that have defaulted on their debt repayment obligations in the past are more likely to default again in the future than are non-defaulters even with the same external debt-to-GDP ratio. These countries actually have repeated defaults or restructurings in short periods. This paper...
Autor principal: | |
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Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2016.
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Colección: | IMF Working Papers; Working Paper ;
No. 2016/066 |
Acceso en línea: | Full text available on IMF |