Progress Report on Crisis Resolution

Describes progress in the inclusion of CACs in international sovereign bonds. Provides an update of efforts to broaden the consensus on the Principles. Reports on developments in recent sovereign debt restructuring cases. Discusses progress in the Evian Approach and other Paris Club issues. Provides a summary of the aforementioned paper on the determinants and prospects for regaining market access.
Publication date: September 2005
ISBN: 9781498331029
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external debt service , share of GDP , market access , Paris club , debt restructure

Summary