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The Restructuring of Sovereign Debt

debt restructurings in 2020 policy paper, The International Architecture for Resolving Sovereign Debt Involving Private-Sector Creditors—Recent Developments, Challenges, And Reform Options. The review found that recent restructurings of sovereign debt had…

The IMF and Sovereign Debt

…subsequently issued a reviewof its own response to debt crises, and found that “debt restructurings have often been too little and too late, this failing to re-establish debt sustainability and…