When Is External Debt Sustainable?

This paper examines the determinants of "debt distress," which they define as periods in which countries resort to exceptional finance in any of three forms: (1) significant arrears on external debt, (2) Paris Club rescheduling, and (3) n...

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Bibliographic Details
Main Authors: Kraay, Aart, Nehru, Vikram
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2004/02/3911464/external-debt-sustainable
http://hdl.handle.net/10986/14314

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