Sovereign Debt Restructuring and Growth /

This paper studies the effect of sovereign debt restructurings with external private creditors on growth during the period 1970-2010. We find that there are bad and good (or not so bad) debt restructurings for growth. While growth generally declines in the aftermath of a sovereign debt restructuring...

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Autor principal: Forni, Lorenzo
Altres autors: Palomba, Geremia, Pereira, Joana, Richmond, Christine
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2016.
Col·lecció:IMF Working Papers; Working Paper ; No. 2016/147
Accés en línia:Full text available on IMF