Series: IMF Working Papers
Author(s): Manuela Goretti , and Marcos Souto
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 June 2013
Keywords: Debt overhang, Deleveraging, Crisis, debt restructuring, crisis episodes, corporate sector, competitiveness, International Lending and Debt Problems,
High corporate indebtedness can pose an important threat to the adjustment processes in some of the Euro area periphery countries, through its drag on investment as well as the possible migration of private sector...