Strengthening the Contractual Framework to Address Collective Action Problems in Sovereign Debt Restructuring.

This paper identifies contractual reforms designed to address collective action problems in sovereign debt restructuring. Since any decisions regarding the design of contractual provisions will need to be made by the sovereign issuer and its creditors, it is recognized that the Fund's primary r...

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Bibliografske podrobnosti
Korporativna značnica: International Monetary Fund
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2014.
Serija:Policy Papers; Policy Paper ; No. 2014/013
Online dostop:Full text available on IMF
Opis
Izvleček:This paper identifies contractual reforms designed to address collective action problems in sovereign debt restructuring. Since any decisions regarding the design of contractual provisions will need to be made by the sovereign issuer and its creditors, it is recognized that the Fund's primary role will be to facilitate agreement on the design and use of these provisions.
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Fizični opis:1 online resource (48 pages)
Format:Mode of access: Internet
ISSN:2663-3493
Dostop:Electronic access restricted to authorized BRAC University faculty, staff and students