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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Diğer Yazarlar: | , |
Materyal Türü: | Dergi |
Dil: | English |
Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2016.
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Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2016/222 |
Online Erişim: | Full text available on IMF |