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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Autor corporatiu: International Monetary Fund
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2014.
Col·lecció:Policy Papers; Policy Paper ; No. 2014/013
Accés en línia:Full text available on IMF