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The Role of State-Contingent Debt Instruments in Sovereign Debt Restructurings
by Alla Myrvoda, Peter Breuer, and Abbas S.M. Ali
ISBN 9781513556482
Publication year: 2020

Cdn: $14.50; US: $10.00
Paperback
Language: English
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The COVID-19 crisis may lead to a series of costly and inefficient sovereign debt restructurings. Any such restructurings will likely take place during a period of great economic uncertainty, which may lead to protracted negotiations between creditors and debtors over recovery values, and potentially even relapses into default post-restructuring. State-contingent debt instruments (SCDIs) could play an important role in improving the outcomes of these restructurings.
The Role of State-Contingent Debt Instruments in Sovereign Debt Restructurings
Cdn: $14.50; US: $10.00
International Monetary Fund (IMF) BookID: 128790 Added: 2021.9.6