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Author/Editor:
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Harald Finger ; Mauro Mecagni
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Publication Date:
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April 10, 2007
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Electronic Access:
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Link to Abstract
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Summary:
Restoring a country's debt to a sustainable path after a sovereign debt restructuring 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.
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Order a print copy
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Series:
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Occasional Paper No. 255
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English
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Publication Date:
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April 10, 2007
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ISBN/ISSN:
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9781589066106/0251-6365
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Format:
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Paper
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Stock No:
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S255EA
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Pages:
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45
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Price:
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US$28.00 )
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Please address any questions about this title to
publications@imf.org
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