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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 |
|---|---|
| Sri Lanka’s Sovereign Debt Restructuring: Lessons from Complex Processes | Peter Breuer, Sandesh Dhungana, Mike Li |
| Tread with Care: Benefits and Costs of Domestic Debt Restructurings | Jean-Marc B. Atsebi, Jeta Menkulasi |
| Anatomy of a Stalemate: Lebanon’s Path to an IMF Recovery | Samriddhi Vij |
| Delay in Sovereign Debt Restructuring: Brinkmanship or Gradual Concessions? | Sayantan Ghosal |
| The Preferred Creditor Status glut – The search for loss absorption in Africa | Lazard |