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A Brief History of Sovereign Debt Resolution and a Proposal for a Multilateral Instrument

José Antonio Ocampo

in Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises

Published in print:
2016
Published Online:
January 2017
ISBN:
9780231179263
eISBN:
9780231542029
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231179263.003.0011
Subject:
Economics and Finance, Macro- and Monetary Economics

The chapter provides a history of debt crises resolution and the rise of the current “non-system,” which mixes the Paris Club for official debts, voluntary renegotiations with private creditors and ... More


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