IIEP 24411
INSTITUTO INTERDISCIPLINARIO DE ECONOMIA POLITICA DE BUENOS AIRES
Unidad Ejecutora - UE
artículos
Título:
The IMF Debt Sustainability Analysis: Issues and Problems
Autor/es:
MARTIN GUZMAN; DANIEL HEYMANN
Revista:
Journal of Globalization and Development
Editorial:
De Gruyter
Referencias:
Lugar: new york; Año: 2015 vol. 6 p. 1 - 387
Resumen:
This paper reviews the IMF DSA (Debt Sustainability Analysis)framework. We first examinethe concept of debt sustainability, and argue that the evaluation exercise necessarily entailsputting into question market expectations embodied in yield spreads.
