Sovereign Debt Restructuring and Debt Sustainability 1

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Sovereign Debt Restructuring and Debt Sustainability

Harald Finger • Mauro Mecagni

Pocket

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90 sidor
2007

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.

Författare: Harald Finger, Mauro Mecagni
Format: Pocket/Paperback
ISBN: 9781589066106
Språk: Engelska
Antal sidor: 90
Utgivningsdatum: 2007-03-01
Förlag: International Monetary Fund (IMF)