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Persistent link: https://www.econbiz.de/10013413082
This paper focuses on emerging markets government bonds issued in local currency with different maturities. Foreign investors face interest rate, currency, and credit risks. We consider the entire term structure of carry trade returns and find that, while the default premium does not contribute...
Persistent link: https://www.econbiz.de/10012853298
relations - topics that are intrinsically relevant to all actors due to the status of the United States as a world power. Trump … once again be a principal disruptor of the liberal world order. In the wake of radical global changes (growing importance … upheaval in the world order. Regardless of the outcome of the U.S. presidential elections, European actors need to future …
Persistent link: https://www.econbiz.de/10014631101
growth for a selection of 200 economies around the world for the period 1990-2018. We subdivided the sample into World Bank …
Persistent link: https://www.econbiz.de/10012388218
This paper seeks to contribute to the debate on the impact of globalisation on sovereignty by analysing how sovereign debt crises affect perceptions of sovereignty in the countries where they occur. I argue that sovereign debt crises are perceived as threats to sovereignty by citizens and...
Persistent link: https://www.econbiz.de/10011548107
This paper focuses on the debt build-up that frontier low-income developing countries (LIDCs) have faced since 2012. First, it documents a 20-percentage point increase in the external and government debt-to-GDP ratios, a composition shift toward higher non-concessional debt, and a rise in...
Persistent link: https://www.econbiz.de/10012009382
According to the World Bank, decentralization of government is a pivotal force that will shape global development …
Persistent link: https://www.econbiz.de/10014128541
According to the World Bank, decentralization of government is a pivotal force that will shape global development …
Persistent link: https://www.econbiz.de/10014035839
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