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: Myrvin Anthony, Gregorio Impavido, Bert van Selm.

Release Date:February, 2020

This paper examines the causes, processes, and outcomes of Barbados’ 2018–19 sovereign debt restructuring—its first ever. The restructuring was comprehensive, featuring several rarely used more...