Serial sovereign defaults and debt restructurings /

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...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Asonuma, Tamon ((IMF staff))
Format: Electronic eBook
Language:Inglés
Published: Tustin, CA : Xist Publishing, 2015.
[Washington, D.C.] : International Monetary Fund, 2016.
Series:IMF working paper ; WP/16/66.
Subjects:
Debts, Public > Developing countries > Econometric models.
Debt relief > Developing countries > Econometric models.
BUSINESS & ECONOMICS > Public Finance.
Debt relief > Econometric models.
Debts, Public > Econometric models.
Developing countries.
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