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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Bibliografiska uppgifter
Huvudupphovsman: Bal Gunduz, Yasemin
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2017.
Serie:IMF Working Papers; Working Paper ; No. 2017/114
Länkar:Full text available on IMF