Domestic Debt Restructuring, Central Bank, and Monetary Policy in EMDEs: Lessons from Recent Country Cases
Analysis of 17 domestic debt restructurings reveals that monetary transmission often fails to recover post-restructuring due to balance-sheet constraints across sovereigns, central banks, and financial institutions.
Featured in No. 138 on 6 Nov 2026 · 4 days after release
- Released
- 2 Nov 2026
- First featured
- No. 138 · 6 Nov 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 2 of 5
- Identifier
- RePEc:cgd:wpaper:759
- Authors
- Udaibir S. Das and David A. Grigorian
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