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Assessments regarding the effectiveness of sovereign debt restructurings are often summarized by...

Under near-singularity conditions typically generated by persistence in current account data the...

In times of distress when a country loses access to markets, there is evidence that credit...

Losses may accrue to depositors at insolvent banks both at and after the time of official...

The main purpose of this paper is to provide an overview of approaches to assessing fiscal...

A loss of solvency increases central bank vulnerability, reducing the credibility of commitments...