Debt Sustainability in Low-Income Countries : Policies, Institutions, or Shocks? /

This paper estimates the determinants of external debt distress in low-income countries (LICs), disentangling the roles of institutions, shocks, and policies. The most prominent factors in raising the risk of debt distress are the weak protection of private property rights, adverse shocks to real no...

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Detalles Bibliográficos
Autor principal: Bal Gunduz, Yasemin
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2017.
Colección:IMF Working Papers; Working Paper ; No. 2017/114
Acceso en línea:Full text available on IMF