Serial sovereign defaults and debt restructurings
Serial sovereign defaults and debt restructurings
About this item
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Publisher
Washington, D.C.: International Monetary Fund
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Language
English
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Publisher
Washington, D.C.: International Monetary Fund
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Scope and Contents
Contents
Emerging countries that have defaulted on their debt repayment obligations in the past are more likely to default again in the future than are non-defaulters even with the same external debt-to-GDP ratio. These countries actually have repeated defaults or restructurings in short periods. This paper explains these stylized facts within a dynamic sto...
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Full title
Serial sovereign defaults and debt restructurings
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TN_cdi_crossref_primary_10_5089_9781513596648_001
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_5089_9781513596648_001
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ISBN
9781513596648,1513596640
ISSN
1018-5941
DOI
10.5089/9781513596648.001