IMF: Default in Today's Advanced Economies: Unnecessary, Undesirable, and Unlikely
Default in Today’s Advanced Economies: Unnecessary, Undesirable, and Unlikely, Carlo Cottarelli, Lorenzo Forni, Jan Gottschalk, and Paolo Mauro, IMF Staff Position Note, September 1, 2010, SPN/10/12 “The state of the public finances has worsened substantially in the main advanced economies as a result of the 200809 global financial and economic crisis. For some peripheral European …