Strengthening the Contractual Framework to Address Collective Action Problems in Sovereign Debt Restructuring

Released on by International Monetary Fund
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  • Strengthening the Contractual Framework to Address Collective Action Problems in Sovereign Debt Restructuring Book Detail

  • Author : International Monetary Fund
  • Release Date : 2014-02-09
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 49
  • ISBN 13 : 1498342795
  • File Size : 63,63 MB
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Strengthening the Contractual Framework to Address Collective Action Problems in Sovereign Debt Restructuring by International Monetary Fund PDF Summary

Book Description: This paper identifies contractual reforms designed to address collective action problems in sovereign debt restructuring. Since any decisions regarding the design of contractual provisions will need to be made by the sovereign issuer and its creditors, it is recognized that the Fund’s primary role will be to facilitate agreement on the design and use of these provisions.

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