SOVEREIGN DEBT RESTRUCTURING

Sovereign Debt Restructuring Process Is Improving Amid ...

Sovereign Debt Restructuring Process Is Improving Amid Cooperation and Reform · Common Framework has started to deliver · Global Sovereign Debt ...

Chapter 5. Managing sovereign debt - World Bank

Sovereigns facing rising default risk also have the option of initiating preemptive negotiations with their creditors to reach a debt restructuring. This option ...

Restructuring Sovereign Debt: Lessons from Recent History

How long does it take to restructure sovereign bonds or loans? How frequent are creditor holdouts and litigation? What was the scope of debt relief, or “ ...

The ABCs of Sovereign Debt Relief | Center For Global Development

Sovereign debt restructuring. Restructurings can be divided into three stages: initiation, negotiation, and application. Though they have become ...

Restructuring sovereign debt: The need for a coordinated framework

When a sovereign's debt is unsustainable, all stakeholders—the sovereign, its official creditors, and most private creditors—share an ...

An Overview of Sovereign Debt Restructuring

Preventing the sovereign debt restructuring is generally not in the interests of the holdout creditor; indeed, once a restructuring has been ...

Sovereign Debt Restructuring | United Nations

Recent rounds of sovereign crises have resulted from a lethal combination of private capital flows and credit booms, financial engineering and excesses of ...

A Modified Common Framework for Restructuring Sovereign Debt

In this piece, David explores changing standardized practices for a growing international economic issue, Restructuring Sovereign Debt.

New York's Proposed “Sovereign Debt Stability Act”: An Overview

Submission of a restructuring plan: Per Section 226 of the Act, the sovereign must design and submit to its creditors a comprehensive plan to ...

Sovereign Debt Restructurings - American Economic Association

Sovereign Debt Restructurings by Maximiliano Dvorkin, Juan M. Sánchez, Horacio Sapriza and Emircan Yurdagul. Published in volume 13, issue 2, pages 26-77 of ...

The State of Sovereign Debt Restructuring After the Meetings in ...

The State of Sovereign Debt Restructuring After the Meetings in Marrakech. Some fundamental problems with the IMF's Common Framework for debt ...

How the IMF can make sovereign debt restructuring more effective

Sovereign debt restructuring is essentially a zero-sum game of allocating the burden of a haircut among different creditor groups. Under the ...

The IMF's role in sovereign debt restructurings

This report focuses on the international architecture for sovereign debt restructurings (SODRs), as seen through the lenses of the International Monetary. Fund ...

20-13 Sovereign Debt - Restructuring: The Centrality of the IMF's Role

ABSTRACT. Over the past 40 years, the International Monetary Fund (IMF) has played a central role in the sovereign debt restructuring process.

Sovereign debt restructurings in Latin America: A new chapter

Over the past 50 years, the Latin American and Caribbean region has experienced at least 50 sovereign debt crises and sovereign debt restructurings.

Sovereign Debt Restructuring: A Model-Law Approach

The existing contractual framework for sovereign debt restructuring is sorely inadequate. Whether or not their fault, nations sometimes take on debt burdens ...

The Urgency of Sovereign-Debt Restructuring - Project Syndicate

The world still lacks a comprehensive debt-restructuring mechanism to deal with this widespread and recurrent problem.

Sovereign Debt Restructuring | UNCTAD

UNCTAD has advocated, for many decades, for a multilateral legal framework to facilitate effective and fair sovereign debt restructurings.

Sovereign Debt Restructuring: Overview - Morrison Foerster

In an article for Practical Law written by James Newton, Amrit Khosa, and Andrew Kissner, the authors provide an overview of sovereign debt ...

Improving Sovereign Debt Restructurings - Richmond Fed

The wave of sovereign defaults in the early 1980s and the string of debt crises in subsequent decades have fostered proposals involving policy interventions ...