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We take a first pass at quantifying the magnitudes of debt relief achieved through default and restructuring in two distinct samples: 1979-2010, focusing on credit events in emerging markets, and 1920-1939, documenting the official debt hangover in advanced economies that was created by World...
Persistent link: https://www.econbiz.de/10012458088
We take a first pass at quantifying the magnitudes of debt relief achieved through default and restructuring in two distinct samples: 1979-2010, focusing on credit events in emerging markets, and 1920-1939, documenting the official debt hangover in advanced economies that was created by World...
Persistent link: https://www.econbiz.de/10010438304
We take a first pass at quantifying the magnitudes of debt relief achieved through default and restructuring in two distinct samples: 1979-2010, focusing on credit events in emerging markets, and 1920-1939, documenting the official debt hangover in advanced economies that was created by World...
Persistent link: https://www.econbiz.de/10013045576
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This paper assesses the extent to which debt overhang poses a constraint to economic activity in Emerging Europe, as … imbalance problem for Emerging Europe has been in most cases more one of flows (high current account deficits in the pre … relatively low in Emerging Europe. At the microeconomic level, the potential for debt overhang in the corporate sector is limited …
Persistent link: https://www.econbiz.de/10011395073
This paper assesses the extent to which debt overhang poses a constraint to economic activity in Emerging Europe, as … imbalance problem for Emerging Europe has been in most cases more one of flows (high current account deficits in the pre … relatively low in Emerging Europe. At the microeconomic level, the potential for debt overhang in the corporate sector is limited …
Persistent link: https://www.econbiz.de/10012975793