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, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the …
Persistent link: https://www.econbiz.de/10012175348
Emerging market and developing economies have experienced recurrent episodes of rapid debt accumulation over the past fifty years. This paper examines the consequences of debt accumulation using a three-pronged approach: an event study of debt accumulation episodes in 100 emerging market and...
Persistent link: https://www.econbiz.de/10012159605
Episodes of debt accumulation have been a recurrent feature of the global economy over the past fifty years. Since 2010 …
Persistent link: https://www.econbiz.de/10012195063