Private and Public Debt

Are Emerging Markets at Risk?

Private and Public Debt
Using a dataset covering a large sample of emerging economies (EMEs), we study the relationship between debt and economic performance in bad times. While previous research has shown that private debt buildups exacerbate the duration and intensity of recessions in advanced economies (AEs), we document that this effect is... READ MORE...

Publication date: March 2017
ISBN 9781475588170
$18.00

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