Default in Today's Advanced Economies : Unnecessary, Undesirable, and Unlikely /
This note summarizes the main arguments put forward by some market commentators who argue that default is inevitable, and presents a rebuttal for each argument in turn. Their main arguments focus on the size of the adjustment and continued market concerns reflected in government bond spreads. The es...
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| Other Authors: | , , |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Series: | IMF Staff Position Notes; Staff Position Note ;
No. 2010/012 |
| Online Access: | Full text available on IMF |