http://overons.rabobank.com/content/images/SP1102ska%20To%20default%20or%20not%20to%20default_tcm64-138583.pdf |
Pages
Google Website Translator Gadget
Apr 11, 2011
Rabobank: To default, or not to default
Rabobank economist Shahin Kamalodin wrote a paper about the consequences of a default for governments.
The conclusions are: the economic costs of sovereign default, as estimated by scholars, are found to be less drastic than most believe possible. The political costs of default, on the other hand, are non-negligible.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment