Sovereign Debt Restructuring—Recent Developments and Implications for the Fund’s Legal and Policy Framework¶
International Monetary Fund. (2013). Sovereign Debt Restructuring—Recent Developments and Implications for the Fund’s Legal and Policy Framework.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Debt Restructuring
- Its failure mode is moral hazard and mere postponement.
This sourceWarns that delaying necessary sovereign-debt restructuring can worsen debt problems and intensify moral-hazard concerns.
- Its failure mode is moral hazard and mere postponement.
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