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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Bibliographic Details
Main Author: Fotiou, Alexandra
Other Authors: Ida Bonk, Alica, Manalis, Georgios
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/133
Subjects:
Online Access:Full text available on IMF