Malone, Samuel W. (contributor) - 2005
shocks, such as natural disasters, terms-of-trade shocks, and con icts or
crises in neighboring countries, can have a … import
prices, and natural disasters. In this paper, we will focus in on one major
link in the above story: the connection …. Consequently,
the sovereign spread over the risk-free rate on their debt in international
capital markets is quite high and the …