Showing 1 - 10 of 24,135
Persistent link: https://www.econbiz.de/10011673382
This article examines how artists, activism, and works of art may contribute to a more textured understanding of debt … debt and finance to produce works that offer a critical reappraisal of the global economy. Artists' projects by Martha … Rosler, Cassie Thornton, Zachary Formwalt, and Michael Najjar challenge audiences to rethink the invisible networks of debt …
Persistent link: https://www.econbiz.de/10012029081
debt crises affect perceptions of sovereignty in the countries where they occur. I argue that sovereign debt crises are … sovereignty in sovereign debt crises is important as it can undermine the legitimacy of the debtor government and of the … international lenders involved in the crisis. I test this argument in three case studies - sovereign debt crises in South Korea …
Persistent link: https://www.econbiz.de/10011548107
Persistent link: https://www.econbiz.de/10003815910
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
Persistent link: https://www.econbiz.de/10012752411
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 interest rate payments. Second, using panel regressions, it shows that …
Persistent link: https://www.econbiz.de/10012009382
Persistent link: https://www.econbiz.de/10012216622
According to the World Bank, decentralization of government is a pivotal force that will shape global development … policy in the 21st Century. Subnational debt restructuring has emerged, however, as one of decentralization's most difficult …: holdout creditors can stymie collective attempts at debt restructuring, and reliance on politically-motivated lenders of last …
Persistent link: https://www.econbiz.de/10014128541
According to the World Bank, decentralization of government is a pivotal force that will shape global development … policy in the 21st Century. Subnational debt restructuring has emerged, however, as one of decentralization's most difficult …: holdout creditors can stymie collective attempts at debt restructuring, and reliance on politically-motivated lenders of last …
Persistent link: https://www.econbiz.de/10014035839