Haque, Nadeem Ul; Kumar, Manmohan S.; Mark, Nelson; … - In: IMF Staff Papers 43 (1996) 4, pp. 688-724
This paper analyzes the economic determinants of developing country creditworthiness indicators for over 60 developing countries for the period from 1980 to 1993. Our results indicate that economic fundamentals--the ratio of nongold foreign exchange reserves to imports, the ratio of the current...