1.

Record Nr.

UNINA9910788527603321

Autore

Marion Nancy

Titolo

Getting Shut Out of the International Capital Markets - It Doesn’t Take Much / / Nancy Marion, Robert Flood

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-9924-X

1-4527-8646-1

1-282-55794-7

1-4527-0156-3

9786613822215

Descrizione fisica

1 online resource (14 p.)

Collana

IMF Working Papers

Altri autori (Persone)

FloodRobert

Soggetti

Capital market

International finance

Finance: General

Investments: General

Industries: Financial Services

General Financial Markets: General (includes Measurement and Data)

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Investment

Capital

Intangible Capital

Capacity

Finance

Macroeconomics

International capital markets

Emerging and frontier financial markets

Loans

Return on investment

Capital markets

Financial services industry

Saving and investment

Argentina



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"June 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. ADDITIONAL COMPARATIVE STATICS""; ""IV. THE VALUE OF FINANCING""; ""V. CONCLUSION""; ""References""

Sommario/riassunto

We use a simple model of international lending to show that an emerging market borrower who might default can be shut out of international capital markets without warning. A modest haircut on obligations, for example, can shut down lending.