Series: IMF Working Papers
Author(s): Pritha Mitra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 13 October 2006
Keywords: sovereign debt, foreign debt, long-term debt, budget surplus, General Aggregative Models: General, Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data), Open Economy Macroeconomics, Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation,
Emerging market financial crises during the late 1990s were marked by sudden withdrawals of funds by foreign creditors, resulting in production declines. The IMF favored positive signals to potential foreign credit...