Getting shut out of the international capital markets
it doesn't take much
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Author
Contributions
- Marion, Nancy Peregrim. - Contributor
- International Monetary Fund. Research Dept. - Contributor
Publication
2006 - International Monetary Fund, Research Dept., Washington, D.C, District of Columbia
Language
English
Word Count
3,000 words, Guess
Page Count
12 pages
Identifiers
- Better World Books9781452701561
- Better World Books9781451864045
- Better World Books9781452786469
- Open LibraryOL19252026M
Classifications
- LCCHG4523
Description
We use a simple model of international lending to show that an emerging market borrower who might default can be shut out of international capital markets without warning. A modest haircut on obligations, for example, can shut down lending.
Subjects
Topics
Places
Series Statement
- IMF working paper -- WP/06/144
Links
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