It takes the average reader and 48 minutes to read Debt Sustainability in Low-Income Countries by Yasemin Bal Gunduz
Assuming a reading speed of 250 words per minute. Learn more
This paper estimates the determinants of external debt distress in low-income countries (LICs), disentangling the roles of institutions, shocks, and policies. The most prominent factors in raising the risk of debt distress are the weak protection of private property rights, adverse shocks to real non-oil commodity prices, and a high debt burden. Results also suggest that weak economic institutions tend to raise the probability of debt distress through persistently weak economic policies and high vulnerability to external shocks. The model enables a more granular analysis of debt sustainability in LICs and has a higher predictive power compared to the earlier scant literature.
Debt Sustainability in Low-Income Countries by Yasemin Bal Gunduz is 47 pages long, and a total of 12,079 words.
This makes it 16% the length of the average book. It also has 15% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 6 minutes to read Debt Sustainability in Low-Income Countries aloud.
Debt Sustainability in Low-Income Countries is suitable for students ages 8 and up.
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