{
  "title": "Getting Shut Out of the International Capital Markets - It Doesn’t Take Much",
  "publication": "IMF Working Papers, June 1, 2006",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/31/getting-shut-out-of-the-international-capital-markets-it-doesnt-take-much-19031",
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  "summary": "We use a simple model of international lending to show that an emerging market borrower who might default can be shut out of international capital markets without warning. A modest haircut on obligations, for example, can shut down lending.",
  "sections": [
    {
      "heading": "Authors and Publication",
      "content": "- By Nancy P. Marion, Robert P Flood\n- June 1, 2006\n- IMF Working Papers, Working Paper No. 2006/144\n- Issue: 144\n- Volume: 2006\n- Pages: 14\n- DOI: https://doi.org/10.5089/9781451864045.001\n- Stock No: WPIEA2006144\n- ISBN: 9781451864045\n- ISSN: 1018-5941"
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      "heading": "Summary and Key Finding(s)",
      "content": "- We use a simple model of international lending to show that an emerging market borrower who might default can be shut out of international capital markets without warning.\n- A modest haircut on obligations, for example, can shut down lending."
    },
    {
      "heading": "Subjects and Keywords",
      "content": "- Subject: Capital markets, Emerging and frontier financial markets, International capital markets, Loans, Return on investment\n- Keywords: math, mover accent, WP"
    },
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      "heading": "Availability and Formats",
      "content": "- Download PDF\n- More Formats on IMF eLibrary\n- Order a Print Copy\n\nSource: IMF Working Paper \"Getting Shut Out of the International Capital Markets - It Doesn’t Take Much\" by Nancy P. Marion and Robert P Flood (June 1, 2006).\n\n---\n\n Content in this bundle\n\n- wp06144 — Section 1 & Section 2\n  - wp06144 — Section 1 & Section 2 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wp06144 — Section 1 & Section 2 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/31/getting-shut-out-of-the-international-capital-markets-it-doesnt-take-much-19031"
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    "Authors: Nancy P. Marion, Robert P Flood",
    "Published: June 1, 2006",
    "Series: IMF Working Papers",
    "Volume: 2006",
    "Issue: 144",
    "Pages: 14",
    "DOI: https://doi.org/10.5089/9781451864045.001",
    "By Nancy P. Marion, Robert P Flood",
    "June 1, 2006",
    "IMF Working Papers, Working Paper No. 2006/144",
    "Issue: 144",
    "Volume: 2006",
    "Pages: 14",
    "DOI: https://doi.org/10.5089/9781451864045.001",
    "Stock No: WPIEA2006144",
    "ISBN: 9781451864045",
    "ISSN: 1018-5941",
    "We use a simple model of international lending to show that an emerging market borrower who might default can be shut out of international capital markets without warning.",
    "A modest haircut on obligations, for example, can shut down lending.",
    "Subject: Capital markets, Emerging and frontier financial markets, International capital markets, Loans, Return on investment",
    "Keywords: math, mover accent, WP",
    "Download PDF",
    "More Formats on IMF eLibrary",
    "Order a Print Copy",
    "**_wp06144 — Section 1 & Section 2**"
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