Belize's 2016-17 Sovereign Debt Restructuring : Third Time Lucky? /

This paper examines the causes, processes, and outcomes of Belize's 2016-17 sovereign debt restructuring-its third episode in last 10 years. As was the case in the earlier two restructurings, in 2006-07 and in 2012-13, the 2016-17 debt restructuring was executed through collaborative engagement...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Asonuma, Tamon
Rannpháirtithe: Papaioannou, Michael, Togo, Eriko, van Selm, Bert
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2018.
Sraith:IMF Working Papers; Working Paper ; No. 2018/121
Rochtain ar líne:Full text available on IMF
Cur síos
Achoimre:This paper examines the causes, processes, and outcomes of Belize's 2016-17 sovereign debt restructuring-its third episode in last 10 years. As was the case in the earlier two restructurings, in 2006-07 and in 2012-13, the 2016-17 debt restructuring was executed through collaborative engagement with creditors outside an IMF-supported program. While providing liquidity relief and partially addressing long-term debt sustainability concerns, the restructuring will need to be underpinned by ambitious fiscal consolidation and growth-enhancing structural reforms to secure durable gains.
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Cur síos fisiciúil:1 online resource (26 pages)
Formáid:Mode of access: Internet
ISSN:1018-5941
Rochtain:Electronic access restricted to authorized BRAC University faculty, staff and students