Economics, Econometrics and Finance
4 years ago

Barbados' Debt Restructuring Paves Way for Economic Recovery and Stability.

1 view
IMF Working Paper
Barbados’ 2018–19 Sovereign Debt Restructuring–A Sea Change?
Myrvin Anthony, Gregorio Impavido, Bert van Selm

Paper Summary

Barbados restructured its debt in 2018-19, using new methods like changing treasury bills and a collective action mechanism. This helped lower the country's debt and set it on a better financial path. To keep improving, Barbados needs to keep making high surpluses and important changes to reduce debt even more.

Related papers

Economics, Econometrics and Finance
8 years ago

Euro area needs debt restructuring to break economic stasis and promote growth.

Eurozone Crisis
International Finance
Fiscal Policy
1 view
Economics, Econometrics and Finance
8 years ago

Unveiling the Impact of Sovereign Debt on Global Economies

International Finance
Sovereign Wealth
2 views
Economics, Econometrics and Finance
2 years ago

Debt restructuring across countries restores financial stability and sustainability.

International Finance
Sovereign Wealth
1 view