Contagion as a Dealmaker? : The Effect of Financial Spillovers on Regional Lending Programs /

The recent European sovereign debt crisis highlighted the critical role of regional lending arrangements. For the first time, European mechanisms were called to design financing programmes for member countries in trouble. This paper analyses how the risk of contagion, an essential characteristic of...

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Autor principal: Fotiou, Alexandra
Altres autors: Ida Bonk, Alica, Manalis, Georgios
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2022.
Col·lecció:IMF Working Papers; Working Paper ; No. 2022/133
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Accés en línia:Full text available on IMF