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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Asonuma, Tamon
Beste egile batzuk: Chamon, Marcos, Sasahara, Akira
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2016.
Saila:IMF Working Papers; Working Paper ; No. 2016/222
Sarrera elektronikoa:Full text available on IMF