Debt restructuring across countries restores financial stability and sustainability.
The article looks at how different countries have dealt with their debts. It first looks at the economic conditions and debt situations before any changes were made. Then, it examines how the debts were restructured and what relief was given by creditors. The researchers also analyzed each country's debt profile, how much money they had, and if their debts were sustainable. They used stress tests to see if the countries could handle their debts. The main goal was to see if the countries were able to manage their debts better after the changes.