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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Detalhes bibliográficos
Autor principal: Bal Gunduz, Yasemin
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2017.
Colecção:IMF Working Papers; Working Paper ; No. 2017/114
Acesso em linha:Full text available on IMF