000 01781cam a2200265 a 4500
020 _a9781589066106
_cTZS 15,000/=
020 _a1589066103
040 _aMUL
_cMUL
082 _a336.3435 FIN
100 1 _aFinger, Harald.
245 1 0 _aSovereign debt restructuring and debt sustainability :
_ban analysis of recent cross-country experience /
_cHarald Finger and Mauro Mecagni.
260 _aWashington, DC :
_bInternational Monetary Fund,
_c2007
300 _av, 39 p. :
_bill. ;
_c28 cm.
490 1 _aOccasional paper ;
504 _aIncludes bibliographical references (p. 36-37).
520 _a"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.
650 0 _aDebt relief
_zDeveloping countries.
650 0 _aDebts, Public
_zDeveloping countries.
650 0 _aDebt service
_zDeveloping countries.
650 0 _aFinancial crises
_zDeveloping countries.
700 1 _aMecagni, Mauro.
710 2 _aInternational Monetary Fund
856 4 2 _uhttps://www.imf.org/external/np/pp/eng/2006/082906.pdf
942 _cCC
999 _c9574
_d9574