Arbeitspapier
Sovereign default and state-contingent debt
The international community has a role to play in addressing this gap. In that regard, this paper is intended to stimulate debate on the problems in the current practices for sovereign debt restructuring and puts forward some proposals to improve the functioning of sovereign debt markets. The Bank of Canada and the Bank of England have collaborated on these issues in the past. For example, in 2001, Andy Haldane and Mark Kruger authored a joint paper on how to resolve sovereign debt crises in a more orderly and transparent manner. This current work builds on those ideas by exploring how state-contingent debt could further improve the system.
- Language
-
Englisch
- Bibliographic citation
-
Series: Bank of Canada Discussion Paper ; No. 2013-3
- Classification
-
Wirtschaft
International Lending and Debt Problems
- Subject
-
International topics
International financial markets
- Event
-
Geistige Schöpfung
- (who)
-
Brooke, Martin
Mendes, Rhys
Pienkowski, Alex
Santor, Eric
- Event
-
Veröffentlichung
- (who)
-
Bank of Canada
- (where)
-
Ottawa
- (when)
-
2013
- DOI
-
doi:10.34989/sdp-2013-3
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Brooke, Martin
- Mendes, Rhys
- Pienkowski, Alex
- Santor, Eric
- Bank of Canada
Time of origin
- 2013