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Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten1

Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten1 »

Source: Financial and Sovereign Debt Crises : Some Lessons Learned and Those Forgotten

Volume/Issue: 2013/266

Series: IMF Working Papers

Author(s): Carmen Reinhart , and Kenneth Rogoff

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 December 2013

ISBN: 9781475552874

Keywords: sovereign debt crises, deleveraging, credit cycles, financial repression, debt restructuring., domestic debt, government debt, debt overhang, General, Financial Markets and the Macroeconomy

Even after one of the most severe multi-year crises on record in the advanced economies, the received wisdom in policy circles clings to the notion that high-income countries are completely different from their eme...

Financial and Sovereign Debt Crises
			: Some Lessons Learned and Those Forgotten

Financial and Sovereign Debt Crises : Some Lessons Learned and Those Forgotten »

Volume/Issue: 2013/266

Series: IMF Working Papers

Author(s): Carmen Reinhart , and Kenneth Rogoff

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 December 2013

DOI: http://dx.doi.org/10.5089/9781475552874.001

ISBN: 9781475552874

Keywords: sovereign debt crises, deleveraging, credit cycles, financial repression, debt restructuring., domestic debt, government debt, debt overhang, General, Financial Markets and the Macroeconomy

Even after one of the most severe multi-year crises on record in the advanced economies, the received wisdom in policy circles clings to the notion that high-income countries are completely different from their eme...