Sign up for our FREE newsletter
Receive FREE Newsletter
Advanced Search
+

PIIE: How to restructure sovereign debt – lessons from four decades

AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS

AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS

default_image
© Khunaspix Dreamstime.
By

WORKING PAPER

“This paper discusses the process of restructuring a sovereign’s debt once this step becomes unavoidable. All sovereign debt workouts are painful—for the debtor country, its citizens, its creditors, and its official sector sponsors. If mishandled, however, a sovereign debt workout can be incandescently painful.”

To read the full paper, please click here.

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Peterson Institute for International Economics sovereign debt the next crisis Bullwhip effect Capital allocation inter-market correlations markets

    Most read news

    DSV and K+N see margins squeezed hard in third quarter

    Carriers may have 'overshot' on capacity and will need to blank more sailings

    Using Amazon Air services 'a win-win' for 'absolutely satisfied' K+N

    Freight rates on major ocean trades out of India continue to slide

    MSC ship first in line for delays with Montreal dockers set for Sunday strike

    Trump second term would pose a 'destructive risk to the container market'

    Four arrested in Poland following claims Russia shipped explosive parcels

    Red Sea crisis proving 'a boom period' for feeder operators

    Final defendant in Polar Air Cargo case pleads guilty before trial begins

    Could this five-in-one collapsible container finally be the game-changer?

    Surprise meets Virgin Atlantic Cargo's 'bizarre' daily cargo flight to Brussels

    Harim would submit new bid if HMM came up for sale again

    Asia Pacific airfreight market on the up, despite manufacturing slowdown

    US lines: Where is all the sales talent in freight forwarding?

    Jacob David joins Etihad Cargo to lead product innovation

    CMA CGM braces for an even greater financial hit from French windfall tax