'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...

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Detalles Bibliográficos
Autor Principal: Bi, Ran
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/038
Acceso en liña:Full text available on IMF