CHAPTER 11 Inside the Black Box: How Should a Sovereign Bankruptcy Framework Be Structured?
Author:
PATRICK BOLTON
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DAVID A. SKEEL, JR.
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Abstract

The Legal Department and the Institute of the IMF held their ninth biennial seminar for legal advisors of IMF member countries’ central banks, and the papers published in this volume are based on presentations made by officials attending this seminar. The seminar covered a broad range of topics, including sovereign debt restructuring, money laundering and the financing of terrorism, financial system and banking supervision, conflicts of interest and market discipline in the financial sector, insolvency, and other issues related to central banking.

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