IMF Staff Papers, Volume 50, Special Issue, IMF Third Annual Research Conference /
The paper discusses a model in which growth is a negative function of fiscal burden. Moreover, growth discontinuously switches from high to low as the fiscal burden reaches a critical level. The paper provides an overview of key elements of corporate bankruptcy codes and practice around the world th...
| Auteur principal: | |
|---|---|
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2003.
|
| Collection: | IMF Staff Papers; IMF Staff Papers ;
No. 2003/005 |
| Accès en ligne: | Full text available on IMF |
| Résumé: | The paper discusses a model in which growth is a negative function of fiscal burden. Moreover, growth discontinuously switches from high to low as the fiscal burden reaches a critical level. The paper provides an overview of key elements of corporate bankruptcy codes and practice around the world that are relevant to the debate on sovereign debt restructuring. It also describes the broad trends in international financial integration for a sample of industrial countries and explains the cross-country and time-series variation in the size of international balance sheets. |
|---|---|
| Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Description matérielle: | 1 online resource (196 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1020-7635 |
| Accès: | Electronic access restricted to authorized BRAC University faculty, staff and students |