The Resource Sovereign debt defaults and financing needs, prepared by Mark Kruger and Miguel Messmacher

Sovereign debt defaults and financing needs, prepared by Mark Kruger and Miguel Messmacher

Label
Sovereign debt defaults and financing needs
Title
Sovereign debt defaults and financing needs
Statement of responsibility
prepared by Mark Kruger and Miguel Messmacher
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
We construct a financial vulnerability indicator that is consistent with the theoretical literature on determinants of defaults. It is based on the amount of new foreign financing that is needed to avoid a default or an import adjustment, expressed as a proportion of the country's sources of foreign currency. As the need for new foreign financing increases, so does a country's financial vulnerability. The indicator has a higher correlation with default episodes than other indicators used in previous studies. In addition, the level at which it leads to a high probability of default is comparable across countries
Member of
Action
digitized
Cataloging source
OCLCE
Dewey number
336.3435
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.04/53
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/04/53
Label
Sovereign debt defaults and financing needs, prepared by Mark Kruger and Miguel Messmacher
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 30-32)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn647586598
Dimensions
unknown
Extent
1 online resource (32 pages)
File format
one file format
Form of item
online
Isbn
9781451894325
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37166621
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647586598
  • imf1281600709
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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