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Skeptics began to be concerned that the new PT (Employee's Party) authorities could well be pressured to resort to printing cash to satisfy its marketing campaign promises. Moreover, right after Argentina's massive default on its community credit card debt at the conclusion of 2001, observers had been questioning the sustainability of Brazil's pers

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In the past ten years, overseas participation in local-currency bond marketplaces in rising international locations improved significantly. We revisit sovereign financial debt sustainability underneath the assumptions that nations around the world can accumulate reserves and borrow internationally utilizing their own currency. Rather than regular s

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Using company-stage knowledge, this paper analyzes the transformation of India's financial composition next the implementation of financial reforms. The focus on the study is on publicly detailed and unlisted corporations from across a large spectrum of manufacturing and products and services industries and possession constructions such as state-ow

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