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Partly reflecting structural advantages such a liquidity and strong investor protection,...

This paper finds that systematic default risk, or the event of widespread defaults in the...

This survey reviews a number of different fundamentals-based models for estimating default...

Funding the IMF; Middle East and Central Asia economic outlook; Is globalization a choice?; Latin...

Emerging market countries have enjoyed an exceptionally favorable economic environment throughout...

This paper shows that recent manifestations of sudden stops (SSs) in international capital flows...