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

Yazar:Finger, Harald.
Katkıda bulunan(lar):Mecagni, Mauro | International Monetary Fund.
Materyal türü: materyalTürEtiketiKitapSeri kaydı: Occasional paper (International Monetary Fund): 255Yayıncı: Washington, DC : International Monetary Fund, 2007Tanım: v, 39 p. : ill. ; 28 cm.ISBN: 9781589066106; 1589066103.Konu(lar): Debt relief -- Developing countries | Borç azaltma -- Gelişmekte olan ülkelerDDC sınıflandırma: 336.343 Çevrimiçi kaynaklar: Click here to view draft version online Özet: "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.
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336.343 FIN 2007 (Rafa gözat) Kullanılabilir 101005672

Includes bibliographical references (p. 36-37).

"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.

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