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...

Description complète

Détails bibliographiques
Auteur principal: Bal Gunduz, Yasemin
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2017.
Collection:IMF Working Papers; Working Paper ; No. 2017/114
Accès en ligne:Full text available on IMF