A New Approach to Sovereign Debt Restructuring

Released on by Anne O. Krueger
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  • A New Approach to Sovereign Debt Restructuring Book Detail

  • Author : Anne O. Krueger
  • Release Date : 2002-04-16
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 54
  • ISBN 13 :
  • File Size : 20,20 MB
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A New Approach to Sovereign Debt Restructuring by Anne O. Krueger PDF Summary

Book Description: In recent years there has been extensive discussion inside and outside the IMF on the need to develop a new approach to sovereign debt restructuring. Exploring ways to improve the sovereign debt restructuring process is a key part of the international community’s efforts to strengthen the architecture of the global financial system. This pamphlet by IMF First Deputy Managing Director Anne O.Krueger draws together the latest IMF thinking on the controversial issue in a single publication.

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The current approach to resolving sovereign debt crises does not work: sovereign debt restructurings come too late and address too little. Though unresolved deb

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This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first comple