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Debt Restructuring
Experience with recent sovereign external debt restructuring suggests that a more comprehensive approach to sovereign debt restructuring is needed. Progress has been achieved in introducing Collective Action Clauses in the international bond issues of emerging market economies. Despite the progress achieved, more work is still required on timely, orderly and effective restructurings that ensure an appropriate involvement of the private sector.
Complete List of Documents in this Section
| Title | Author |
|---|---|
| The Preferred Creditor Status glut – The search for loss absorption in Africa | Lazard |
| A Tokenized Sovereign Debt Conversion Mechanism for Dynamic Public Debt Reduction | Kiarash Firouzi |
| Toward a Common Methodology for Restructuring Sovereign Domestic Debt | David Grigorian |
| Debt Sustainability Analysis: Re‑evaluating Debt Sustainability Analyses in the Context of Hegemonic Power and Sovereign Debt Restructuring | John Oduk, Catherine Mithi |
| From Debt Reset to Growth Onset? Sovereign Debt Restructuring and Firm Performance in Developing Countries | Marin Ferry, Luc Jacolin, Quentin Dufresne |