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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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2014.
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| Series: | Policy Papers; Policy Paper ;
No. 2014/013 |
| Online Access: | Full text available on IMF |