Sovereign Debt Restructurings in Belize: Debt Sustainability and Financial Stability Aspects

Sovereign Debt Restructurings in Belize: Debt Sustainability and Financial Stability Aspects

This paper examines the causes, processes, and outcomes of the two Belize sovereign debt restructurings in 2006–07 and in 2012–13, which occurred outside an IMF-supported program. It finds that the motivation for the two debt restructurings differed, as the former was driven by external liquidity co...

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Bibliographic Details
Main Authors: Tamon Asonuma, Michael G. Papaioannou, Gerardo Peraza, Kristine Vitola, Takahiro Tsuda
Format: Article
Language:English
Published: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego 2017-07-01
Series:Journal of Banking and Financial Economics
Subjects:
sovereign defaults
sovereign debt restructuring
external debt
serial defaults
Online Access:https://jbfe.wz.uw.edu.pl/resources/html/article/details?id=209683

Internet

https://jbfe.wz.uw.edu.pl/resources/html/article/details?id=209683

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