Trade Costs of Sovereign Debt Restructurings : Does a Market-Friendly Approach Improve the Outcome? /

Sovereign debt restructurings have been shown to influence the dynamics of imports and exports. This paper shows that the impact can vary substantially depending on whether the restructuring takes place preemptively without missing payments to creditors, or whether it takes place after a default has...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Asonuma, Tamon
مؤلفون آخرون: Chamon, Marcos, Sasahara, Akira
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2016.
سلاسل:IMF Working Papers; Working Paper ; No. 2016/222
الوصول للمادة أونلاين:Full text available on IMF