Research Catalog

Title

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

Author

Finger, Harald.

Publication

Washington, DC : International Monetary Fund, 2007.

Items in the Library & Off-site

Holdings

Details

Additional Authors

• Mecagni, Mauro.
• International Monetary Fund.

Description

v, 39 pages : illustrations; 28 cm.

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.

Series Statement

Occasional paper ; 255

Uniform Title

Occasional paper (International Monetary Fund) ; no. 255.

Subject

• Debt relief > Developing countries
• Debts, Public > Developing countries
• Debt service > Developing countries
• Financial crises > Developing countries

Bibliography (note)

• Includes bibliographical references (p. 36-37).

ISBN

• 9781589066106
• 1589066103

OCLC

• ocn123423912
• 123423912
• SCSB-8867516

Owning Institutions

Columbia University Libraries