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Restructuring Sovereign Debt: The Case for Ad Hoc Machinery Book

Restructuring Sovereign Debt: The Case for Ad Hoc Machinery
Restructuring Sovereign Debt: The Case for Ad Hoc Machinery, The Western powers established the International Monetary Fund (IMF) and the World Bank after World War II as permanent machinery to anchor the Bretton Woods system. When developing countries began experiencing debt problems in the late 1960s, the Paris, Restructuring Sovereign Debt: The Case for Ad Hoc Machinery has a rating of 3.5 stars
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Restructuring Sovereign Debt: The Case for Ad Hoc Machinery, The Western powers established the International Monetary Fund (IMF) and the World Bank after World War II as permanent machinery to anchor the Bretton Woods system. When developing countries began experiencing debt problems in the late 1960s, the Paris, Restructuring Sovereign Debt: The Case for Ad Hoc Machinery
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  • Restructuring Sovereign Debt: The Case for Ad Hoc Machinery
  • Written by author Lex Rieffel
  • Published by Brookings Institution Press, September 2003
  • The Western powers established the International Monetary Fund (IMF) and the World Bank after World War II as "permanent machinery" to anchor the Bretton Woods system. When developing countries began experiencing debt problems in the late 1960s, the Paris
  • Viewing current controversies over bond restructuring in the international financial system as the fourth major debate about the machinery for sovereign debt workouts since the advent of the Bretton Woods system, Rieffel (a former officer of USAID, as wel
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Book Categories

Authors

Preface
List of Acronyms
1Sovereign Default in the Bretton Woods Era1
2Fundamental Concepts9
3The Main Players24
4Fundamental Issues45
5The Paris Club56
6The Bank Advisory Committee (London Club) Process95
7The North-South Dialogue in the 1970s132
8The Debt Crisis of the 1980s and the Brady Plan Solution149
9The HIPC Initiative in the 1990s178
10The Post-1994 Crises and the Role of Bonds188
11The Debate over Private Sector Involvement, 1995-2002220
12What Is Broken? What Fixes Make Sense?260
App. A"Countries Don't Go Bankrupt"289
App. BFive Milestone Cases295
References317
Index327


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Restructuring Sovereign Debt: The Case for Ad Hoc Machinery, The Western powers established the International Monetary Fund (IMF) and the World Bank after World War II as permanent machinery to anchor the Bretton Woods system. When developing countries began experiencing debt problems in the late 1960s, the Paris, Restructuring Sovereign Debt: The Case for Ad Hoc Machinery

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Restructuring Sovereign Debt: The Case for Ad Hoc Machinery, The Western powers established the International Monetary Fund (IMF) and the World Bank after World War II as permanent machinery to anchor the Bretton Woods system. When developing countries began experiencing debt problems in the late 1960s, the Paris, Restructuring Sovereign Debt: The Case for Ad Hoc Machinery

Restructuring Sovereign Debt: The Case for Ad Hoc Machinery

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Restructuring Sovereign Debt: The Case for Ad Hoc Machinery, The Western powers established the International Monetary Fund (IMF) and the World Bank after World War II as permanent machinery to anchor the Bretton Woods system. When developing countries began experiencing debt problems in the late 1960s, the Paris, Restructuring Sovereign Debt: The Case for Ad Hoc Machinery

Restructuring Sovereign Debt: The Case for Ad Hoc Machinery

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