The Economics of Sovereign Defaults

This article discusses the economics of sovereign defaults, summarizing lessons from existing work on this issue. In particular, the article describes the costs associated with a sovereign default episode, identifies circumstances that are likely to lead to a default, and discusses how understanding sovereign defaults may help to account for distinctive economic features of emerging economies

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Year of publication:	2012
Authors:	Hatchondo, Juan Carlos
Other Persons:	Martinez, Leonardo (contributor) ; Sapriza, Horacio (contributor)
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Welt \| World \| Staatsbankrott \| Sovereign default \| Öffentliche Schulden \| Public debt

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Extent:	1 Online-Ressource (25 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: FRB Richmond Economic Quarterly, vol. 93, no. 2, Spring 2007, pp. 163-187 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2007 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013096797