The Problem that Wasn't: Coordination Failures in Sovereign Debt Restructurings
The Problem that Wasn't: Coordination Failures in Sovereign Debt Restructurings
The Problem that Wasn't: Coordination Failures in Sovereign Debt Restructurings
About this item
Full title
Author / Creator
Publisher
Washington, D.C: International Monetary Fund
Journal title
Language
English
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Publication information
Publisher
Washington, D.C: International Monetary Fund
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Scope and Contents
Contents
Contrary to widespread expectation, debt renegotiations in the era of bond finance have generally been quick and involved little litigation. We present a model that rationalizes the initial fears and offers interpretations for why they did not materialize. When the exchange offer is sufficiently attractive vis-à-vis holding out, full participation...
Alternative Titles
Full title
The Problem that Wasn't: Coordination Failures in Sovereign Debt Restructurings
Authors, Artists and Contributors
Author / Creator
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Primary Identifiers
Record Identifier
TN_cdi_crossref_primary_10_5089_9781463924645_001
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_5089_9781463924645_001
Other Identifiers
ISBN
146392464X,9781463924645
ISSN
1018-5941
DOI
10.5089/9781463924645.001
