The Leading eBooks Store Online 4,272,009 members ⚫ 1,419,367 ebooks

New to eBooks.com?

Learn more

Lebanon-Weathering the Perfect Storms

Lebanon-Weathering the Perfect Storms by Axel Schimmelpfennig
Buy this eBook
US$ 9.00
(If any tax is payable it will be calculated and shown at checkout.)
This paper reviews Lebanon's ability to manage financial pressures following severe shocks despite its large public debt overhang and significant external vulnerabilities. Based on interviews with market participants in Beirut and London, the paper concludes that Lebanon's ability to weather what appear to be "perfect storms" derives from three characteristics: a perceived implicit guarantee from donors; Lebanon's track record of having never defaulted on external debt or deposits; and the unique market structure for Lebanese debt which is dominated by local banks and "dedicated" investors and depositors.
International Monetary Fund; January 2008
38 pages; ISBN 9781452770284
Read online, or download in secure EPUB or secure PDF format
Title: Lebanon-Weathering the Perfect Storms
Author: Axel Schimmelpfennig; E. H. Gardner
 
ISBNs
145191332X
9781451868791
9781451913323
9781452770284