Bankruptcy Procedures for Sovereigns: A History of Ideas, 1976-2001 photograph

Bankruptcy Procedures For Sovereigns: A History Of Ideas, 1976-2001

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Originally published August 2002
Authors Mr. Jeromin Zettelmeyer
Kenneth Rogoff
Date of Reg.
Date of Upd.
ID2073720
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About Bankruptcy Procedures For Sovereigns: A History Of Ideas, 1976-2001


This paper describes the evolution of ideas to apply bankruptcy reorganization principles to sovereign debt crises. Our focus is on policy proposals between the late 1970s and Anne Krueger''s (2001) proposed "Sovereign Debt-Restructuring Mechanism," with brief reference to the economics literature on sovereign debt. . . .

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