A Survey of Experiences with Emerging Market Sovereign Debt Restructurings
Electronic Access:
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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 Papers
Subject:
Debt restructuring Emerging markets Financial stability Sovereign Debt Restructuring Mechanism
English
Publication Date:
June 5, 2012
Format:
Paper
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