The New Approach to Sovereign Debt Restructuring : Setting the Incentives Right /

The paper discusses key incentive-related issues of the sovereign debt restructuring mechanism recently outlined by the IMF First Deputy Managing Director. The structure of incentives in the mechanism should be consistent with the principle of favoring market-oriented, voluntary solutions to financi...

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Dettagli Bibliografici
Autore principale: Sdralevich, Carlo
Altri autori: Bossone, Biaggio
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2002.
Serie:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2002/004
Accesso online:Full text available on IMF