European Parliament Library

Getting Shut Out of the International Capital Markets - It Doesn’t Take Much, Nancy Marion, Robert Flood

Contributor
Abstract
We use a simple model of international lending to show that an emerging market borrower who might default can be shut out of international capital markets without warning. A modest haircut on obligations, for example, can shut down lending
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. ADDITIONAL COMPARATIVE STATICS""; ""IV. THE VALUE OF FINANCING""; ""V. CONCLUSION""; ""References""
Language
eng
Literary Form
non fiction
Edition
1st ed.
Note
"June 2006."
Physical Description
1 online resource (14 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613822215

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