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...

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Detaylı Bibliyografya
Yazar: Asonuma, Tamon
Diğer Yazarlar: Chamon, Marcos, Sasahara, Akira
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2016.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2016/222
Online Erişim:Full text available on IMF