'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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Bibliografiska uppgifter
Huvudupphovsman: Bi, Ran
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/038
Länkar:Full text available on IMF