A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2012; you can also visit the original URL.
The file type is application/pdf
.
Getting Shut Out of the International Capital Markets: It Doesn't Take Much
2006
IMF Working Papers
This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. 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
doi:10.5089/9781451864045.001
fatcat:56uoreukafdanc2ix4cjjjm5va