The Costs of Sovereign Default
The Costs of Sovereign Default
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Publisher
London: Palgrave Macmillan
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Language
English
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Publisher
London: Palgrave Macmillan
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Scope and Contents
Contents
This paper empirically evaluates four types of costs that may result from an international sovereign default: reputational costs, international trade exclusion costs, costs to the domestic economy through the financial system, and political costs to the authorities. It finds that the economic costs are generally significant but short-lived, and som...
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Full title
The Costs of Sovereign Default
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Record Identifier
TN_cdi_proquest_miscellaneous_757458121
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_757458121
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ISSN
1020-7635,2041-4161
E-ISSN
1564-5150,2041-417X
DOI
10.1057/imfsp.2009.21