Forty Years of Leverage: What Have We Learned About Sovereign Debt?
Financial crises frequently increase public sector borrowing and threaten some form of sovereign debt crisis. Until recently, high income countries were thought to have become less vulnerable to severe banking crises that have lasting negative effects on growth. Since 2007, crises and attempted refo...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
American Economic Association,
2015-09-22T18:20:55Z.
|
| Subjects: | |
| Online Access: | Get fulltext |