Restructuring sovereign debt : the case for ad hoc machinery /

Show other versions (2)

"When developing countries began experiencing debt problems in the late 1960s, the Paris Club took shape as "ad hoc machinery" to restructure debt from export credit agencies. A decade later the London Club process emerged to handle workouts of commercial bank debt. Restructuring debt...

Full description

Bibliographic Details
Call Number:Libro Electrónico
Main Author: Rieffel, Lex
Format: Electronic eBook
Language:Inglés
Published: Washington, D.C. : Brookings Institution Press, ©2003.
Subjects:
Debt relief > Developing countries.
Loans, Foreign > Developing countries.
Debts, External > Developing countries.
BUSINESS & ECONOMICS > Public Finance.
POLITICAL SCIENCE / Intergovernmental Organizations
Debt relief.
Debts, External.
Loans, Foreign.
Developing countries.
Online Access:Texto completo
Table of Contents:
  • Sovereign default in the Bretton Woods era
  • Fundamental concepts
  • The main players
  • Fundamental issues
  • The Paris Club
  • The Bank Advisory Committee (London Club) Process
  • The North-South dialogue in the 1970s
  • The debt crisis of the 1980s and the Brady Plan solution
  • The HIPC Initiative in the 1990s
  • The post-1994 crises and the role of bonds
  • The debate over private sector involvement, 1995-2002
  • What is broken? What fixes make sense?
  • "Countries don't go bankrupt"
  • Five milestone cases.

Similar Items