Early Ideas on Sovereign Bankruptcy Reorganization : A Survey /

This paper surveys early intellectual antecedents of the Krueger (2001) proposal for creating bankruptcy reorganization procedures at the international level. We focus on actual proposals for new procedures made from the late 1970s up to an influential lecture by Sachs (1995), with brief reference t...

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Tác giả chính: Rogoff, Kenneth
Tác giả khác: Zettelmeyer, Jeromin
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2002.
Loạt:IMF Working Papers; Working Paper ; No. 2002/057
Truy cập trực tuyến:Full text available on IMF
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245 1 0 |a Early Ideas on Sovereign Bankruptcy Reorganization :   |b A Survey /  |c Kenneth Rogoff, Jeromin Zettelmeyer. 
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300 |a 1 online resource (19 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper surveys early intellectual antecedents of the Krueger (2001) proposal for creating bankruptcy reorganization procedures at the international level. We focus on actual proposals for new procedures made from the late 1970s up to an influential lecture by Sachs (1995), with brief reference to the formal economics literature on sovereign debt. Beginning with a paper by Oechsli (1981), several key contributions are made during this period, including the analogy with domestic bankruptcy procedures, an understanding of the inefficiencies in international lending that might justify such procedures, and specific institutional and legal suggestions that continue to play a role in the current debate. 
538 |a Mode of access: Internet 
700 1 |a Zettelmeyer, Jeromin. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2002/057 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2002/057/001.2002.issue-057-en.xml  |z IMF e-Library