The Role of State-Contingent Debt Instruments in Sovereign Debt Restructurings /

The COVID-19 crisis may lead to a series of costly and inefficient sovereign debt restructurings. Any such restructurings will likely take place during a period of great economic uncertainty, which may lead to protracted negotiations between creditors and debtors over recovery values, and potentiall...

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Autor principal: Cohen, Charles
Altres autors: Abbas, S. M. Ali, Anthony, Myrvin, Best, Tom
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2020.
Col·lecció:Staff Discussion Notes; Staff Discussion Notes ; No. 2020/006
Accés en línia:Full text available on IMF