Restructuring sovereign debt : the case for ad hoc machinery /
"By describing in detail the origins and operations of the London Club and Paris Club, Lex Rieffel highlights the pragmatism and flexibility associated with ad hoc approaches. He also recalls earlier proposals for creating permanent debt restructuring machinery and the reasons why they were not...
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| 格式: | Licensed eBooks |
| 語言: | 英语 |
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Washington, D.C. :
Brookings Institution Press
©2003.
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| 在線閱讀: | https://www.jstor.org/stable/10.7864/j.ctv10h9dw2 |
書本目錄:
- 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.