Series: IMF Working Papers
Author(s): Tamon Asonuma , Michael Papaioannou , Eriko Togo , and Bert van Selm
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 22 May 2018
Keywords: Western Hemisphere, International financial markets, Belize, Sovereign Debt; Sovereign Defaults; Sovereign Debt Restructurings; Serial Debt Restructurings; Belize, Sovereign Debt, Sovereign Defaults, Sovereign Debt Restructurings, Serial Debt Restructurings, International Lending and Debt Problems
This paper examines the causes, processes, and outcomes of Belize's 2016-17 sovereign debt restructuring-its third episode in last 10 years. As was the case in the earlier two restructurings, in 2006-07 and in 2012...