A New Approach to Sovereign Debt Restructuring
April 16, 2002
Summary
In recent years there has been extensive discussion inside and outside the IMF on the need to develop a new approach to sovereign debt restructuring. Exploring ways to improve the sovereign debt restructuring process is a key part of the international community’s efforts to strengthen the architecture of the global financial system. This pamphlet by IMF First Deputy Managing Director Anne O.Krueger draws together the latest IMF thinking on the controversial issue in a single publication.
Subject: Asset and liability management, Collective action clauses, Debt restructuring, Domestic debt, Financial institutions, Legal support in revenue administration, Public debt, Revenue administration, Sovereign debt restructuring
Keywords: Collective action clauses, creditor, debt, Debt restructuring, debtor, Domestic debt, emerging market sovereign, Global, holdout creditor, Legal support in revenue administration, majority restructuring clause, PAM, restructuring process, sovereign, Sovereign debt restructuring, sovereign debt restructuring mechanism
Pages:
52
Volume:
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DOI:
Issue:
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Series:
Pamphlet Series
Stock No:
ANASEA
ISBN:
9781589061217
ISSN:
0538-8759





