TY - BOOK AU - Finger,Harald AU - Mecagni,Mauro ED - International Monetary Fund TI - Sovereign debt restructuring and debt sustainability: an analysis of recent cross-country experience T2 - Occasional paper SN - 9781589066106 U1 - 336.3435 FIN PY - 2007/// CY - Washington, DC PB - International Monetary Fund KW - Debt relief KW - Developing countries KW - Debts, Public KW - Debt service KW - Financial crises N1 - Includes bibliographical references (p. 36-37) N2 - "In the difficult circumstances where a sovereign debt restructuring becomes unavoidable, restoring the country's debt to a sustainable path is key to ensuring a credible and durable exit from the crisis. In recent years, a number of countries -- including Argentina, the Dominican Reputlic, Ecuador, Moldova, Pakistan, Russia, Ukraine, and Uruguay -- have had to restructure their sovereign liabilities, either following a default, or preemptively to avoid a default. This study takes stock of these countries' experiences 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, and the analysis is based on information available as of late 2005..." -- preface, v UR - https://www.imf.org/external/np/pp/eng/2006/082906.pdf ER -