Debt dilution: when it is a major problem and how to deal with it

Today we recognize sovereign default, which was once largely confined to developing economies, as a threat not only to investors and to the defaulting country's economic and political stability but also to the global financial system. Burcu Eyigungor explains that a major reason that countries are prone to debt crises is a phenomenon called debt dilution.

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Year of publication:	2013
Authors:	Eyigungor, Burcu
Published in:	Business Review. - Federal Reserve Bank of Philadelphia. - 2013, Q4, p. 1-8
Publisher:	Federal Reserve Bank of Philadelphia

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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