Author/Editor: Charles Cohen, S M Ali Abbas, Myrvin Anthony, Tom Best, Peter Breuer, Hui Miao, Alla Myrvoda, Eriko Togo.

Release Date:November, 2020

The COVID-19 crisis may lead to a series of costly and inefficient sovereign debt restructurings. Any such restructurings will likely take place during a period of great economic uncertainty, which more...

Author/Editor: Tamon Asonuma, Michael G Papaioannou, Eriko Togo, Bert van Selm.

Release Date:May, 2018

This paper examines the causes, processes, and outcomes of Belize’s 2016–17 sovereign debt restructuring—its third episode in last 10 years. As was the case in the earlier two restructurings, more...