Debt and Financial Crises

Emerging market and developing economies have experienced recurrent episodes of rapid debt accumulation over the past fifty years. This paper examines the consequences of debt accumulation using a three-pronged approach: an event study of debt accu...

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Bibliographic Details
Main Authors: Koh, Wee Chian, Kose, M. Ayhan, Nagle, Peter S., Ohnsorge, Franziska L., Sugawara, Naotaka
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/560291579701550183/Debt-and-Financial-Crises
http://hdl.handle.net/10986/33230