The Cost of Aggressive Sovereign Debt Policies : How Much is theprivate Sector Affected?

How Much is theprivate Sector Affected?

The Cost of Aggressive Sovereign Debt Policies : How Much is theprivate Sector Affected?
This paper proposes a new empirical measure of cooperative versus conflictual crisis resolution following sovereign default and debt distress. The index of government coerciveness is presented as a proxy for excusable versus inexcusable default behaviour and used to evaluate the costs of default for the domestic private sector, in particular its... READ MORE...

Publication date: February 2009
ISBN 9781451871760
$18.00

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