Search Results

You are looking at 1 - 10 of 29 items :

  • Keyword: claims x
  • Pamphlet Series x
Clear All Modify Search
A New Approach to Sovereign Debt Restructuring

A New Approach to Sovereign Debt Restructuring »

Series: Pamphlet Series

Author(s): Anne Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 April 2002

DOI: http://dx.doi.org/10.5089/9781589061217.054

ISBN: 9781589061217

Keywords: debt restructuring, sovereign debt, sovereign debt restructuring, sovereign bonds, claims

In recent years there has been extensive discussion inside and outside the IMF on the need to develop a new approach to sovereign debt restructuring. Exploring ways to improve the sovereign debt restructuring proce...

DTS, monnaies et or
			: Septième exposé sur les changements intervenus dans le domaine juridique

DTS, monnaies et or : Septième exposé sur les changements intervenus dans le domaine juridique »

Series: Pamphlet Series

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1987

Language: French

DOI: http://dx.doi.org/10.5089/9781451949520.054

ISBN: 9781451949520

Keywords: court, exchange rate, exchange rates, courts, exchange rate policies, claim, legal developments, court of appeals, supreme court, exchange arrangements

This paper presents the seventh survey of developments in international and national monetary law and practice involving special drawing rights (SDRs), currencies, and gold. The IMF has adopted three published deci...

DTS, monnaies et or
			: Sixième exposé sur les changements intervenus dans le domaine juridique

DTS, monnaies et or : Sixième exposé sur les changements intervenus dans le domaine juridique »

Series: Pamphlet Series

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1983

Language: French

DOI: http://dx.doi.org/10.5089/9781451980516.054

ISBN: 9781451980516

Keywords: gold, exchange rates, court, multiple currency practices, exchange rate, courts, conventions, claims, exchange transactions, claim

This paper presents the sixth survey of developments in international and national monetary law and practice involving special drawing rights (SDRs), currencies, and gold. The paper highlights that a member's curre...

A New Approach to Sovereign Debt Restructuring

A New Approach to Sovereign Debt Restructuring »

Source: A New Approach to Sovereign Debt Restructuring

Series: Pamphlet Series

Author(s): Anne Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 April 2002

ISBN: 9781589061217

Keywords: debt restructuring, sovereign debt, sovereign debt restructuring, sovereign bonds, claims

Greater integration of capital markets and the shift from syndicated bank loans to traded securities have had a profound impact on the way that emerging market sovereigns finance themselves. Sovereigns incre...

The Need for a Sovereign Debt Restructuring Mechanism

The Need for a Sovereign Debt Restructuring Mechanism »

Source: A New Approach to Sovereign Debt Restructuring

Series: Pamphlet Series

Author(s): Anne Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 April 2002

ISBN: 9781589061217

Keywords: debt restructuring, sovereign debt, sovereign debt restructuring, sovereign bonds, claims

The Objective...

Core Features of a Sovereign Debt Restructuring Mechanism

Core Features of a Sovereign Debt Restructuring Mechanism »

Source: A New Approach to Sovereign Debt Restructuring

Series: Pamphlet Series

Author(s): Anne Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 April 2002

ISBN: 9781589061217

Keywords: debt restructuring, sovereign debt, sovereign debt restructuring, sovereign bonds, claims

What features of a legal framework would need to be in place in order to establish adequate incentives for debtors and creditors to agree upon a prompt, orderly, and predictable restructuring of unsustainabl...

The Role of the IMF

The Role of the IMF »

Source: A New Approach to Sovereign Debt Restructuring

Series: Pamphlet Series

Author(s): Anne Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 April 2002

ISBN: 9781589061217

Keywords: debt restructuring, sovereign debt, sovereign debt restructuring, sovereign bonds, claims

If appropriately designed and implemented, a sovereign debt restructuring framework would assist in achieving the IMF’s purposes in a number of respects. First, if such a framework facilitates an early restr...

The Legal Basis for a Sovereign Debt Restructuring Mechanism

The Legal Basis for a Sovereign Debt Restructuring Mechanism »

Source: A New Approach to Sovereign Debt Restructuring

Series: Pamphlet Series

Author(s): Anne Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 April 2002

ISBN: 9781589061217

Keywords: debt restructuring, sovereign debt, sovereign debt restructuring, sovereign bonds, claims

As discussed above, there would be a number of benefits in designing a mechanism where the decision-making process resembles features of the collective action clauses found in international sovereign bonds....

Conclusion

Conclusion »

Source: A New Approach to Sovereign Debt Restructuring

Series: Pamphlet Series

Author(s): Anne Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 April 2002

ISBN: 9781589061217

Keywords: debt restructuring, sovereign debt, sovereign debt restructuring, sovereign bonds, claims

The absence of a robust legal framework for sovereign debt restructuring generates important costs. Sovereigns with unsustainable debts often wait too long before they seek a restructuring, leaving both thei...

Appendices

Appendices »

Source: DTS, monnaies et or : Septième exposé sur les changements intervenus dans le domaine juridique

Series: Pamphlet Series

Author(s): Joseph Gold

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1987

Language: French

ISBN: 9781451949520

Keywords: court, exchange rate, exchange rates, courts, exchange rate policies, claim, legal developments, court of appeals, supreme court, exchange arrangements

...