'Beneficial' Delays in Debt Restructuring Negotiations /
Delays in debt restructuring negotiations are widely regarded as inefficient. This paper argues that delays can allow the economy to recover from a crisis, make more resources available for debt settlement, and enable the negotiating parties to enjoy a larger "cake". Within this context, t...
1. Verfasser: | |
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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2008.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2008/038 |
Online Zugang: | Full text available on IMF |