The article looks at how aggressive actions by governments after defaulting on debt can harm local businesses. By measuring how cooperative or confrontational governments are in resolving financial crises, the researchers found that harsh tactics lead to less access to international loans for companies. This means that when governments act aggressively towards creditors, it can hurt local firms by making it harder for them to borrow money from abroad. To avoid these negative effects, it's important for governments to negotiate debt in good faith.