Titlebook: Emerging Markets and Sovereign Risk; Nigel Finch (Associate Professor) Book 2015 Palgrave Macmillan, a division of Macmillan Publishers Li

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https://doi.org/10.1007/978-3-658-05215-7th public or private sector excesses, and they generally have fiscal and monetary repercussions. In Standard & Poor’s Ratings Services’ view, no single measure consistently serves as a good leading indicator of sovereign default. Instead, a confluence of factors, including economic policy shortcomin

含水层

Transfers and Related Inter-sector Flowsintensive projects in less developed countries. Such mega-projects can have a transformative impact, good or bad, on small host economies. The nature of such projects, and the way that they are typically structured and developed, unintentionally leads to specific economic problems that put pressure

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Value Theory in the National Accounts (Aizenman & Marion, 2003; Aizenman & Lee, 2007; IMF, 2010). This reflects an important fact that sound macroeconomic management with low inflation may not insulate an economy from the likely adverse impact of volatile capital flows in the current international monetary system. The international mon