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Restructuring Sovereign Debt : The Case for Ad Hoc Machinery by Alexis Rieffel, 1941- is a business book available to read on EtoBox.
What is Restructuring Sovereign Debt : The Case for Ad Hoc Machinery about?
<p>The Western powers established the International Monetary Fund (IMF) and the World Bank after World War II as "permanent machinery" to anchor the Bretton Woods system. When developing countries began experiencing debt problems in the late 1960s, the Paris Club took shape as "ad hoc machinery" to restructure debt from export credit agencies. A decade later the London Club process emerged to handle workouts of commercial bank debt. Restructuring debt in the form of bonds became an issue in the
Who reads Restructuring Sovereign Debt : The Case for Ad Hoc Machinery?
It is typically read by working professionals who need an authoritative practice reference.
Common subject areas: medicine, law, business, engineering.
- Author
- Alexis Rieffel, 1941-
- Publisher
- BROOKINGS INSTITUTION PRESS
- Published
- 2003
- Language
- EN
- ISBN
- 9780815796114
- Category
- business
- Subjects
- Political Science, Language Learning, Finance
- Updated
- 2026-03-25
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