Lost and Found : Market Access and Public Debt Dynamics /

The empirical literature on sovereign debt crises identifies the level of public debt (measured as a share of GDP) as a key variable to predict debt defaults and to determine sovereign market access. This evidence has led to the widespread use of (country-specific) debt thresholds to assess debt sus...

Полное описание

Библиографические подробности
Главный автор: Cottarelli, Carlo
Другие авторы: Bassanetti, Antonio, Presbitero, Andrea
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2016.
Серии:IMF Working Papers; Working Paper ; No. 2016/253
Online-ссылка:Full text available on IMF