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debt crisis, and a weak global economy …
Persistent link: https://www.econbiz.de/10012248090
Globalisation is already a powerful force for poverty reduction as societies and economies around the world are becoming more integrated. Although this international integration presents considerable opportunities for developing countries, it also contains significant risks. Associated with...
Persistent link: https://www.econbiz.de/10011479557
"This paper analyzes the effects of capital controls and crises on international financial integration, using data on stocks from emerging economies that trade in domestic and international markets. The cross-market premium (the ratio between the domestic and international market price of...
Persistent link: https://www.econbiz.de/10010520989
"The authors apply stochastic simulation methods to assess debt sustainability in emerging market economies and provide … probability measures for projections of the external and public debt burden over the medium term. The vulnerability of public debt … debt is sensitive to the determination of the exchange rate and to the pricing of traded goods. The authors show that …
Persistent link: https://www.econbiz.de/10010522239
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