A Survey of Experiences with Emerging Market Sovereign Debt Restructurings
|Date:||June 5, 2012|
|Electronic Access:||Full Text
|Summary:This paper takes stock of past episodes of debt restructuring and reviews the relevant literature. Based on cross-country experience from the late 1990s through 2010 of emerging markets it offers some stylized facts.
|Series :||Policy Paper|
|Subject(s):||Emerging markets | Sovereign Debt Restructuring Mechanism | Financial stability | Debt restructuring|