This chapter is concerned with the issue of how to balance bailouts (or ‘lending into arrears’) with debt reductions (or ‘private sector involvement’) in the resolution of sovereign debt crises. It begins by briefly outlining the core underlying economic and legal problems sovereigns and creditors face in
The recent financial crisis and subsequent sovereign debt distress in the eurozone has reinvigorate...
Over the past several years, the international community has devoted considerable attention to impro...
Every sovereign debt restructuring in recent memory has wrestled with the problem of inter-creditor ...
This paper is concerned with the issue of how to balance bailouts (or lending into arrears ) with d...
This paper is concerned with the issue of how to balance bailouts (or "lending into arrears") with d...
SHOULD THERE BE a sovereign bankruptcy procedure for countries in financial distress? This paper exp...
Sovereign debt crises occur regularly and often violently. Yet there is no legally and politically r...
This paper describes the evolution of ideas to apply bankruptcy reorganization principles to soverei...
We study a model of sovereign debt crisis that combines problems of creditor co-ordination and debto...
The idea that there is a “gaping hole ” in the architecture of the international financial system th...
Is sovereign debt so different from corporate debt that there is no need for bankruptcy procedures t...
Is sovereign borrowing so dierent from corporate debt that there is no need for bankruptcy-style pro...
Reform of the mechanisms and procedures through which problems of sovereign debt sustainability are ...
macroeconomics, sovereign debt, new bankruptcy arrangements, Sovereigns, Distress, Bankruptcy
We study a model of sovereign debt crisis that combines problems of creditor co-ordination and debto...
The recent financial crisis and subsequent sovereign debt distress in the eurozone has reinvigorate...
Over the past several years, the international community has devoted considerable attention to impro...
Every sovereign debt restructuring in recent memory has wrestled with the problem of inter-creditor ...
This paper is concerned with the issue of how to balance bailouts (or lending into arrears ) with d...
This paper is concerned with the issue of how to balance bailouts (or "lending into arrears") with d...
SHOULD THERE BE a sovereign bankruptcy procedure for countries in financial distress? This paper exp...
Sovereign debt crises occur regularly and often violently. Yet there is no legally and politically r...
This paper describes the evolution of ideas to apply bankruptcy reorganization principles to soverei...
We study a model of sovereign debt crisis that combines problems of creditor co-ordination and debto...
The idea that there is a “gaping hole ” in the architecture of the international financial system th...
Is sovereign debt so different from corporate debt that there is no need for bankruptcy procedures t...
Is sovereign borrowing so dierent from corporate debt that there is no need for bankruptcy-style pro...
Reform of the mechanisms and procedures through which problems of sovereign debt sustainability are ...
macroeconomics, sovereign debt, new bankruptcy arrangements, Sovereigns, Distress, Bankruptcy
We study a model of sovereign debt crisis that combines problems of creditor co-ordination and debto...
The recent financial crisis and subsequent sovereign debt distress in the eurozone has reinvigorate...
Over the past several years, the international community has devoted considerable attention to impro...
Every sovereign debt restructuring in recent memory has wrestled with the problem of inter-creditor ...