Economics, Econometrics and Finance
2 years ago

IMF Proposes Game-Changing Approach to Sovereign Debt Restructuring.

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A New Approach to Sovereign Debt Restructuring
Anne O. Krueger

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The article discusses the need for a new way to handle countries' debts. The goal is to make the process better and stronger. The main idea is to gather the latest thoughts on this topic in one place. The key finding is that improving how countries deal with debt is important for the global financial system.