Prevention and Resolution of Sovereign Debt Crises provides a guided narrative to the IMF's policy papers on sovereign debt produced over the last 40 years. The papers are divided into chapters, tracking four historical phases: the 1980s debt crisis; the Mexican crisis and the design of policies to ensure adequate private sector involvement ('creditor bail-in'); the Argentine crisis and the search for a durable crisis resolution framework; and finally, the global financial crisis, the Eurozone crisis, and their aftermaths.
Sunday, February 3, 2019
IMF: Prevention and Resolution of Sovereign Debt Crises
Prevention and Resolution of Sovereign Debt Crises (2018), the first volume in the new series “Selected Legal and Institutional Papers.” Here's the abstract: