Default's in the 1990's: what have we learned?

The principal focus of this chapter is on sovereign defaults on external debt in the 1990s and the lessons that have been learned. The rest of the chapter is organized as follows. Section II explains the meaning of debt default, why countries default on their debt obligations, and the benefits of re...

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Autores principales: Sturzenegger, Federico, Chuham, Punan
Formato: Documento de trabajo acceptedVersion
Publicado: Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF) 2017
Materias:
Acceso en línea:http://repositorio.utdt.edu/handle/utdt/6260
Aporte de:
id I57-R16320.500.13098-6260
record_format dspace
institution Universidad Torcuato Di Tella
institution_str I-57
repository_str R-163
collection Repositorio Digital Universidad Torcuato Di Tella
topic Crisis monetaria
Préstamos internacionales
spellingShingle Crisis monetaria
Préstamos internacionales
Sturzenegger, Federico
Chuham, Punan
Default's in the 1990's: what have we learned?
description The principal focus of this chapter is on sovereign defaults on external debt in the 1990s and the lessons that have been learned. The rest of the chapter is organized as follows. Section II explains the meaning of debt default, why countries default on their debt obligations, and the benefits of restructuring debt. Section III examines the approaches to resolving sovereign debt crises in the 1990s, and compares these approaches with the debt restructuring framework of the 1980s. Section V offers some lessons for the future.
format Documento de trabajo
acceptedVersion
author Sturzenegger, Federico
Chuham, Punan
author_facet Sturzenegger, Federico
Chuham, Punan
author_sort Sturzenegger, Federico
title Default's in the 1990's: what have we learned?
title_short Default's in the 1990's: what have we learned?
title_full Default's in the 1990's: what have we learned?
title_fullStr Default's in the 1990's: what have we learned?
title_full_unstemmed Default's in the 1990's: what have we learned?
title_sort default's in the 1990's: what have we learned?
publisher Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF)
publishDate 2017
url http://repositorio.utdt.edu/handle/utdt/6260
work_keys_str_mv AT sturzeneggerfederico defaultsinthe1990swhathavewelearned
AT chuhampunan defaultsinthe1990swhathavewelearned
bdutipo_str Repositorios
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