Author/Editor: Juan Carlos Hatchondo, Leonardo Martinez, Cesar Sosa Padilla.

Release Date:December, 2020

As a response to economic crises triggered by COVID-19, sovereign debt standstill proposals emphasize debt payment suspensions without haircuts on the face value of debt obligations. We quantify the more...

Author/Editor: Jiro Honda, Manabu Nose, Cesar Sosa Padilla, Jose L Torres, Murna Morgan, Fernando G Im, Natalia A Koliadina.

Release Date:September, 2017

Over the past decade, Lesotho and Swaziland have faced significant volatility in their fiscal revenues, owing to highly unstable Southern African Customs Union (SACU) receipts. Based on model more...