Cross-Country Experience with Restructuring of Sovereign Debt and Restoring Debt Sustainability.

The paper is organized as follows: Section II provides a cross-country overview of the economic conditions, including the composition of sovereign debt and its dynamics prevailing prior to the debt operations, and a discussion of the scope and outcomes-in terms of the debt relief provided by credito...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2006.
Colección:Policy Papers; Policy Paper ; No. 2006/049
Acceso en línea:Full text available on IMF
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245 1 0 |a Cross-Country Experience with Restructuring of Sovereign Debt and Restoring Debt Sustainability. 
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300 |a 1 online resource (58 pages) 
490 1 |a Policy Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper is organized as follows: Section II provides a cross-country overview of the economic conditions, including the composition of sovereign debt and its dynamics prevailing prior to the debt operations, and a discussion of the scope and outcomes-in terms of the debt relief provided by creditors-of the debt restructurings. Section III analyzes the debt profile, liquidity position, DSAs and accompanying stress tests, and an EWS to assess whether debt sustainability has been restored in each country case. Conclusions are set out in Section IV. 
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830 0 |a Policy Papers; Policy Paper ;  |v No. 2006/049 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/007/2006/049/007.2006.issue-049-en.xml  |z IMF e-Library