Sovereign debt restructuring and debt sustainability : an analysis of recent cross-country experience / Harald Finger and Mauro Mecagni.

Author
Finger, Harald [Browse]
Format
Book
Language
English
Published/​Created
Washington, DC : International Monetary Fund, 2007
Description
v, 39 p. : ill. ; 28 cm.

Details

Subject(s)
Related name
Series
Summary note
"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.
Bibliographic references
Includes bibliographical references (p. 36-37).
ISBN
  • 9781589066106
  • 1589066103
OCLC
123423912
RCP
C - S