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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书目详细资料
主要作者: Asonuma, Tamon
其他作者: Chamon, Marcos, Sasahara, Akira
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2016.
丛编:IMF Working Papers; Working Paper ; No. 2016/222
在线阅读:Full text available on IMF