Anmerkungen:
Description based upon print version of record
Beschreibung:
Introduction; Sovereign Lending and Default; Sovereign Restructuring; Modeling Sovereign Default Risk; Empirical Estimations; Credit Default Swaps; Conclusion
Past cycles of sovereign lending and default in emerging markets suggest that debt crises will recur at some point. This book shows why investors should reckon with similar credit events in the future. It is a useful toolkit for analyzing sovereign bonds and foreseeing trends in the international financial architecture