Sovereign Debt /

This paper surveys the literature on sovereign debt from the perspective of understanding how sovereign debt differs from privately issue debt, and why sovereign debt is deemed safe in some countries but risky in others. The answers relate to the unique power of the sovereign. One the one hand, a so...

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Bibliographic Details
Main Author: Martinez, Leonardo
Other Authors: Roch, Francisco, Roldan, Francisco, Zettelmeyer, Jeromin.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/122
Subjects:
Online Access:Full text available on IMF