Sovereign debt restructuring and debt sustainability
an analysis of recent cross-country experience
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Author
Contributions
- Mecagni, Mauro. - Contributor
- International Monetary Fund. - Contributor
Publication
2007 - International Monetary Fund, Washington, DC, District of Columbia
Language
English
Word Count
9,750 words, Guess
Page Count
39 pages
Identifiers
- Open LibraryOL17633424M
- ISBN-139781589066106
- ISBN-101589066103
- OCLC Control Number123423912
- OCLC Control Numbersovereigndebtres0000fing
and 1 more
- Library of Congress Control Number2007299382
Classifications
- LCCHG3891.5 .F46 2007
Description
"In the difficult circumstances where a sovereign debt restructuring becomes unavoidable, restoring the country's debt to a sustainable path is key to ensuring a credible and durable exit from the crisis. In recent years, a number of countries -- including Argentina, the Dominican Reputlic, Ecuador, Moldova, Pakistan, Russia, Ukraine, and Uruguay -- have had to restructure their sovereign liabilities, either following a default, or preemptively to avoid a default. This study takes stock of these countries' experiences with debt-restructuring operations, with a view to assessing the outcomes and whether debt sustainability has been restored. The emphasis of the study is on sovereign debt owed to private creditors, and the analysis is based on information available as of late 2005..." -- preface, v.
Subjects
Topics
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Series Statement
- Occasional paper -- 255.
Other Editions
- Sovereign debt restructuring and debt sustainability: an analysis of recent cross-country experience
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