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Sovereign Debt Restructuring and Debt Sustainability: An Analysis of Recent Cross-Country Experience von Finger, Harald (eBook)

  • Erscheinungsdatum: 10.04.2007
  • Verlag: International Monetary Fund
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Sovereign Debt Restructuring and Debt Sustainability: An Analysis of Recent Cross-Country Experience

Restoring a country's debt to a sustainable path after a sovereign debt restructuring is key to ensuring a credible and durable exit from the crisis. In recent years, a number of countries have restructured their sovereign liabilities, either following a default, or preemptively, to avoid a default. This Occasional Paper takes stock of the experiences of some of these countries--Argentina, the Dominican Republic, Ecuador, Moldova, Pakistan, Russia, Ukraine, and Uruguay--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.

Produktinformationen

    Format: ePUB
    Kopierschutz: AdobeDRM
    Erscheinungsdatum: 10.04.2007
    Sprache: Englisch
    ISBN: 9781452724096
    Verlag: International Monetary Fund
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