Early Ideas on Sovereign Bankruptcy Reorganization : A Survey /

This paper surveys early intellectual antecedents of the Krueger (2001) proposal for creating bankruptcy reorganization procedures at the international level. We focus on actual proposals for new procedures made from the late 1970s up to an influential lecture by Sachs (1995), with brief reference t...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Rogoff, Kenneth
Rannpháirtithe: Zettelmeyer, Jeromin
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2002.
Sraith:IMF Working Papers; Working Paper ; No. 2002/057
Rochtain ar líne:Full text available on IMF
Cur síos
Achoimre:This paper surveys early intellectual antecedents of the Krueger (2001) proposal for creating bankruptcy reorganization procedures at the international level. We focus on actual proposals for new procedures made from the late 1970s up to an influential lecture by Sachs (1995), with brief reference to the formal economics literature on sovereign debt. Beginning with a paper by Oechsli (1981), several key contributions are made during this period, including the analogy with domestic bankruptcy procedures, an understanding of the inefficiencies in international lending that might justify such procedures, and specific institutional and legal suggestions that continue to play a role in the current debate.
Cur síos ar an mír:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Cur síos fisiciúil:1 online resource (19 pages)
Formáid:Mode of access: Internet
ISSN:1018-5941
Rochtain:Electronic access restricted to authorized BRAC University faculty, staff and students