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...

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Podrobná bibliografie
Hlavní autor: Asonuma, Tamon
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2016.
Edice:IMF Working Papers; Working Paper ; No. 2016/066
On-line přístup:Full text available on IMF

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