Structuring and Restructuring Sovereign Debt : The Role of a Bankruptcy Regime /
In an environment characterized by weak contractual enforcement, sovereign lenders can enhance the likelihood of repayment by making their claims more difficult to restructure ex post. We show however, that competition for repayment among lenders may result in a sovereign debt that is excessively di...
| المؤلف الرئيسي: | |
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| مؤلفون آخرون: | |
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2007.
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| سلاسل: | IMF Working Papers; Working Paper ;
No. 2007/192 |
| الوصول للمادة أونلاين: | Full text available on IMF |