The Costs of Sovereign Default /
This paper evaluates empirically four types of cost that may result from an international sovereign default: reputational costs, international trade exclusion costs, costs to the domestic economy through the financial system, and political costs to the authorities. It finds that the economic costs a...
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2008.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2008/238 |
| Acesso em linha: | Full text available on IMF |