TY - BOOK ID - 85502992 TI - Assessing Loss of Market Access: Conceptual and Operational Issues AU - Guscina, Anastasia. AU - Malik, Sheheryar. AU - Papaioannou, Michael. PY - 2017 SN - 1484329260 1484329228 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Econometric models. KW - Econometrics KW - Mathematical models KW - Banks and Banking KW - Exports and Imports KW - Investments: Bonds KW - Money and Monetary Policy KW - Public Finance KW - Interest Rates: Determination, Term Structure, and Effects KW - Current Account Adjustment KW - Short-term Capital Movements KW - International Lending and Debt Problems KW - Debt KW - Debt Management KW - Sovereign Debt KW - Monetary Policy, Central Banking, and the Supply of Money and Credit: General KW - General Financial Markets: General (includes Measurement and Data) KW - International economics KW - Public finance & taxation KW - Monetary economics KW - Finance KW - Investment & securities KW - Debt sustainability KW - Public debt KW - Credit ratings KW - Yield curve KW - Bonds KW - External debt KW - Money KW - Financial services KW - Financial institutions KW - Debts, External KW - Debts, Public KW - Interest rates KW - Ukraine UR - https://www.unicat.be/uniCat?func=search&query=sysid:85502992 AB - Loss of market access (LMA) is a central element and an exacerbator of balance of payments and fiscal crises. This paper provides an operational definition of LMA, examines the predictive power of potential LMA leading indicators, attempts to determine the likely nature (temporary versus structural) of an LMA episode, and analyzes potential implications of such an assessment on the required degree of adjustment to restore market access. Finally, it highlights the possible application of the methodological framework for identifying emerging risks to market access. ER -