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-by-country basis. In addition to public debt, we trace out the evolution of its composition between domestic and external borrowing …. Total external debt (public and private) and domestic credit are also included through 2013. This combination gives a broad …
Persistent link: https://www.econbiz.de/10012459008
the same time, private debt levels, particularly those of financial institutions and households, are in uncharted …, restructuring of public and private debts. A more subtle form of debt restructuring in the guise of "financial repression" (which … had its heyday during the tightly regulated Bretton Woods system) also importantly facilitated sharper and more rapid debt …
Persistent link: https://www.econbiz.de/10012461830
the same time, private debt levels, particularly those of financial institutions and households, are in uncharted …, restructuring of public and private debts. A more subtle form of debt restructuring in the guise of "financial repression" (which … had its heyday during the tightly regulated Bretton Woods system) also importantly facilitated sharper and more rapid debt …
Persistent link: https://www.econbiz.de/10013129128
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"There is a rich scholarly literature on sovereign default on external debt. Comparatively little is known about … sovereign defaults on domestic debt. Even today, cross-country data on domestic public debt remains curiously exotic … debt (external and domestic). The data span 1914 to 2007 for most countries, reaching back into the nineteenth century for …
Persistent link: https://www.econbiz.de/10003709761
China’s lending boom to developing countries is morphing into defaults and debt distress. Given the secrecy surrounding …. We construct an encompassing dataset of sovereign debt restructurings with Chinese lenders and find that these credit … a resolution approach reminiscent of 1980s Western lenders; they seldom provide deep debt relief with face value …
Persistent link: https://www.econbiz.de/10012807855
There is a rich scholarly literature on sovereign default on external debt. Comparatively little is known about … sovereign defaults on domestic debt. Even today, cross-country data on domestic public debt remains curiously exotic … debt (external and domestic). The data span 1914 to 2007 for most countries, reaching back into the nineteenth century for …
Persistent link: https://www.econbiz.de/10012464703