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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Asonuma, Tamon
Muut tekijät: Chamon, Marcos, Sasahara, Akira
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2016.
Sarja:IMF Working Papers; Working Paper ; No. 2016/222
Linkit:Full text available on IMF