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>Inflation, Default, and the Currency Composition of Sovereign Debt in Emerging Economies: Working Paper 2017-01 | Congressional Budget Office
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Inflation, Default, and the Currency Composition of Sovereign Debt in Emerging Economies: Working Paper 2017-01 | Congressional Budget Office
In emerging market economies, governments issue debt denominated both in their own currency and in foreign currencies. This paper examines how the use of those two types of debt affects these economies.
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