Orderly Sovereign Debt Restructuring : Missing in Action! (And Likely To Remain So)
An orderly sovereign debt restructuring should place the debtor nation's public debt on a sustainable trajectory while minimizing procrastination and contagion. However, the experiences with the debt crisis of the 1980s, Russia 1998, Argentina 2001, and Greece 2010 indicate that orderly debt re...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | en_US |
| Published: |
Oxford University Press on behalf of the World Bank
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/22566 |