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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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2014.
Colecção:Policy Papers; Policy Paper ; No. 2014/013
Acesso em linha:Full text available on IMF