2071485
9781862031456
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This timely and innovative book examines the ongoing debate on resolving sovereign debt defaults and alleviating the debt burden of heavily indebted poor countries. Concentrating primarily on the past twenty years and focusing on money owed to both the public and the private sector, the volume examines the origins of debt crises, rescheduling tactics, and efforts to create a more enduring solution to the problem of coping with debt. Contributors address related aspects of the international financial system and examine negotiations involved in rescheduling debt, as well as its efficacy. Policy recommendations are put forward for dealing with the onerous problem of debt default and rescheduling. The authors provide historical and conceptual analyses and consider cutting-edge ideas on the emerging modes of governance of international debt issues. Their contributions are essential reading for scholars in the fields of international economics and political economy, practitioners, and other individualsinterested,in the evolving complexities of international debt governance.Aggarwal, Vinod K. is the author of 'Sovereign Debt Origins, Crises, and Restructuring', published 2003 under ISBN 9781862031456 and ISBN 1862031452.
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