The economics of small open economies

In recent years, the threat of sovereign debt crises has led investors to demand higher yields on bonds issued by heavily indebted developed countries such as Greece, Ireland, Spain, and Portugal. Pablo Guerron-Quintana explains why small open economies in both the developed and developing worlds share certain funding constraints and considers what lessons developed economies may draw from the experiences of their developing counterparts.

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Year of publication:	2013
Authors:	Guerron-Quintana, Pablo
Published in:	Business Review. - Federal Reserve Bank of Philadelphia. - 2013, Q4, p. 9-18
Publisher:	Federal Reserve Bank of Philadelphia

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Extent:	application/pdf
Type of publication:	Article
Classification:	F34 - International Lending and Debt Problems ; G10 - General Financial Markets. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010739534