Author : Dr. Jürgen Kaiser
Publisher : Iucn
Page : 76 pages
File Size : 45,53 MB
Release : 1996
Category : Business & Economics
ISBN :
This publication is aimed at helping IUCN's members to understand the scope and mechanisms of debt conversion and to spot opportunities for their own action in this important field.
Author : Mohua Mukherjee
Publisher : World Bank Publications
Page : 29 pages
File Size : 24,49 MB
Release :
Category :
ISBN :
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 39 pages
File Size : 23,62 MB
Release : 2003-09-12
Category : Business & Economics
ISBN : 149832892X
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Author : Mr.Udaibir S. Das
Publisher : International Monetary Fund
Page : 128 pages
File Size : 45,79 MB
Release : 2012-08-01
Category : Business & Economics
ISBN : 1475505531
This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.
Author : S. Ali Abbas
Publisher : Oxford University Press
Page : 288 pages
File Size : 32,57 MB
Release : 2019-10-21
Category : Business & Economics
ISBN : 0192591398
The last time global sovereign debt reached the level seen today was at the end of the Second World War, and this shaped a generation of economic policymaking. International institutions were transformed, country policies were often draconian and distortive, and many crises ensued. By the early 1970s, when debt fell back to pre-war levels, the world was radically different. It is likely that changes of a similar magnitude -for better and for worse - will play out over coming decades. Sovereign Debt: A Guide for Economists and Practitioners is an attempt to build some structure around the issues of sovereign debt to help guide economists, practitioners and policymakers through this complicated, but not intractable, subject. Sovereign Debt brings together some of the world's leading researchers and specialists in sovereign debt to cover a range of sub-disciplines within this vast topic. It explores debt management with debt sustainability; debt reduction policies with crisis prevention policies; and the history with the conjuncture. It is a foundation text for all those interested in sovereign debt, with a particular focus real world examples and issues.
Author : M. Ayhan Kose
Publisher : World Bank Publications
Page : 403 pages
File Size : 30,43 MB
Release : 2021-03-03
Category : Business & Economics
ISBN : 1464815453
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Author : World Bank
Publisher : International Monetary Fund
Page : 106 pages
File Size : 42,20 MB
Release : 2007-10-15
Category : Business & Economics
ISBN : 1498333281
This report provides an update on the status of implementation, impact and costs of the enhanced Heavily Indebted Poor Country (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI) since mid-2006. It also discusses the status of creditor participation in both initiatives and the issue of litigation of commercial creditors against HIPCs.
Author : Paul F. J. Eagles
Publisher : CABI
Page : 332 pages
File Size : 15,75 MB
Release : 2002
Category : Business & Economics
ISBN : 0851995896
This book describes the state of the art of tourism planning and management in national parks and protected areas. It also provides guidelines for best practice in tourism operations. Other objectives are to: Describe case studies and guidelines that contribute to conservation of biological diversity; consider the role of local communities within or near these areas; outline the development of tourism infrastructure and services; discuss visitor management; provide guidelines to enhance the quality of the tourism experience. The focus is global and the book will appeal to both academics and practitioners.
Author : Wojciech Maliszewski
Publisher : International Monetary Fund
Page : 43 pages
File Size : 27,79 MB
Release : 2016-10-14
Category : Business & Economics
ISBN : 1475545282
Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase in investment after the Global Financial Crisis. Investment efficiency has fallen and the financial performance of corporates has deteriorated steadily, affecting asset quality in financial institutions. The corporate debt problem should be addressed urgently with a comprehensive strategy. Key elements should include identifying companies in financial difficulties, proactively recognizing losses in the financial system, burden sharing, corporate restructuring and governance reform, hardening budget constraints, and facilitating market entry. A proactive strategy would trade off short-term economic pain for larger longer-term gain.
Author : Thordur Jonasson
Publisher : International Monetary Fund
Page : 133 pages
File Size : 11,91 MB
Release : 2018-04-06
Category : Business & Economics
ISBN : 1484350545
This paper provides an overview of sovereign debt portfolio risks and discusses various liability management operations (LMOs) and instruments used by public debt managers to mitigate these risks. Debt management strategies analyzed in the context of helping reach debt portfolio targets and attain desired portfolio structures. Also, the paper outlines how LMOs could be integrated into a debt management strategy and serve as policy tools to reduce potential debt portfolio vulnerabilities. Further, the paper presents operational issues faced by debt managers, including the need to develop a risk management framework, interactions of debt management with fiscal policy, monetary policy, and financial stability, as well as efficient government bond markets.
