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    Emerging Countries’ Sovereign Risk: Balance Sheets, Contagion and Risk Aversion

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    Published on Tuesday, May 31, 2005

    Emerging Countries’ Sovereign Risk: Balance Sheets, Contagion and Risk Aversion

    Summary

    Three important external determinants of sovereign spreads in emerging countries are reviewed: balance sheet effects, global risk aversion and contagion.

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    BBVA Research BBVA Research

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    Abstract (PDF)

    Abstract_0501_tcm348-212437.pdf

    English - May 31, 2005

    Report (PDF)

    WP_0501_tcm348-212438.pdf

    English - May 31, 2005

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