Growth and External Debt Under Risk of Debt Repudiation
Published Date
Copyright 1991
ISBN 0444892842
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Copy CitationDaniel Cohen and Jeffrey Sachs, International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics (Elsevier Science Publishers B.V., 1991), chap. 13, https://www.nber.org/books-and-chapters/international-volatility-and-economic-growth-first-ten-years-international-seminar-macroeconomics/growth-and-external-debt-under-risk-debt-repudiation.
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Published From Paper
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Working Paper
We analyze the pattern of growth of a nation which borrows abroad and which has the option of repudiating its foreign...
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