## A New Approach to Sovereign Debt Restructuring

_Pamphlet Series, April 16, 2002_

## Source details

**Canonical URL:** [A New Approach to Sovereign Debt Restructuring](https://www.imf.org/en/publications/pamphlet-series/issues/2016/12/30/a-new-approach-to-sovereign-debt-restructuring-15722)

## Other formats

- [Markdown version](/en/publications/pamphlet-series/issues/2016/12/30/a-new-approach-to-sovereign-debt-restructuring-15722/index.md)
- [Structured JSON version](/en/publications/pamphlet-series/issues/2016/12/30/a-new-approach-to-sovereign-debt-restructuring-15722/index.json)
- [Bundle manifest](/en/publications/pamphlet-series/issues/2016/12/30/a-new-approach-to-sovereign-debt-restructuring-15722/bundle-manifest.json)

## Bibliographic details
- Authors: Anne O. Krueger
- Published: April 16, 2002
- Series: Pamphlet Series
- DOI: https://doi.org/10.5089/9781589061217.054

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### Summary
- Author: Anne O. Krueger
- Publication date: April 16, 2002
- Purpose: Draws together the latest IMF thinking on developing a new approach to sovereign debt restructuring and explores ways to improve the sovereign debt restructuring process as part of efforts to strengthen the architecture of the global financial system.
- Format: Pamphlet (Pamphlet Series)
- Page count: 52

### Major themes and substantive findings
- Need for a new approach to sovereign debt restructuring has been extensively discussed inside and outside the IMF.
- Improving the sovereign debt restructuring process is framed as a key part of the international community’s efforts to strengthen the architecture of the global financial system.
- The pamphlet consolidates IMF perspectives on the controversial issue of sovereign debt restructuring into a single publication.

### Subjects and keywords (as listed)
- Subjects: 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

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_Source: https://www.imf.org/en/publications/pamphlet-series/issues/2016/12/30/a-new-approach-to-sovereign-debt-restructuring-15722_