Item Details

Sovereign Debt Restructuring and Debt Sustainability: An Analysis of Recent Cross-Country Experience

Harald Finger and Mauro Mecagni
Format
EBook; Book; Government Document; Online
Published
Washington, DC : International Monetary Fund, 2007
Language
English
Series
Occasional Paper
Occasional Paper (International Monetary Fund)
ISBN
9781589066106, 1589066103
Summary
"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.
Description
v, 39 p. : ill. ; 28 cm.
Notes
Includes bibliographical references (p. 36-37).
Series Statement
Occasional paper ; 255
Occasional paper (International Monetary Fund) ; 255
Other Forms
Also available online.
Logo for Copyright Not EvaluatedCopyright Not Evaluated
Technical Details
  • Access in Virgo Classic

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    a| Debt relief z| Developing countries.
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    a| Debts, Public z| Developing countries.
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