Debt Sustainability in Low-Income Countries : policies, institutions, or shocks? /

This paper estimates the determinants of external debt distress in low-income countries (LICs), disentangling the roles of institutions, shocks, and policies. The most prominent factors in raising the risk of debt distress are the weak protection of private property rights, adverse shocks to real no...

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Bibliographic Details
Main Author: Bal-Gündüz, Yasemin (Author)
Format: eBook
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF working paper ; WP/17/114.
Online Access:CONNECT