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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| Other Authors: | , , |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2020.
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| Series: | Staff Discussion Notes; Staff Discussion Notes ;
No. 2020/006 |
| Online Access: | Full text available on IMF |