Sovereign debt restructuring and debt sustainability : an analysis of recent cross-country experience

Author(s)

• Finger, Harald
• Mecagni, Mauro

Bibliographic Information

Sovereign debt restructuring and debt sustainability : an analysis of recent cross-country experience

Harald Finger and Mauro Mecagni

（Occasional paper / International Monetary Fund, no. 255）

International Monetary Fund, 2007

Note

Includes bibliographical references

Description and Table of Contents

Description

After a sovereign debt restructuring, 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 have restructured their sovereign liabilities, either following a default or preemptively, to avoid a default. This Occasional Paper takes stock of the experiences of some of these countries - Argentina, the Dominican Republic, Ecuador, Moldova, Pakistan, Russia, Ukraine, and Uruguay - 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.

by "Nielsen BookData"

Details

• NCID: BA81633426
• ISBN:
  • 9781589066106
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Washington, D.C.
• Pages/Volumes: 5, 39 p.
• Size: 28 cm
• Classification:
  • LCC : HG3891.5.F46
• Subject Headings:
  • LCSH : Debt relief -- Developing countries
  • LCSH : Debts, Public -- Developing countries
  • LCSH : Financial crises -- Developing countries
• Parent Bibliography ID:
  • BA00253338