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line of defense is comprised of contractual and legal remedies. Both lines of defense broke down in the case of Ecuador …
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This paper delves into the dynamic impact of Ecuador's 2008 sovereign debt default on the subsequent performance of the … default's impact on Ecuador's EMBI performance, revealing a dynamically heterogeneous influence that fluctuates with evolving …
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The increased access of African countries to international capital markets has put public debt sustainability once again high on the continentś policy agenda. Utilizing the "stabilizing primary balance" approach, we find that the primary balances exceeded those required to keep public debt at...
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