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Why do some countries default more often than others ? the role of institutions (English)

Abstract

This paper examines how a country's weak institutions and polarized government can affect the likelihood of its default on sovereign debt. Using a data set of 90 countries, it shows that strong institutions are associated with fewer sovereign default ...  See More +

Details

  • Qian, Rong;
  • 2012/03/01
  • Policy Research Working Paper;
  • WPS5993
  • 1
  • 1
  • World
  • The World Region
  • 2012/03/01
  • Disclosed
  • Why do some countries default more often than others ? the role of institutions
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