Do we need a mechanism for solving sovereign debt crises? A rule-based discussion

Auteur(s)

Panizza, Ugo

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Descrizione

This paper uses the rules of engineering as a rhetorical device to discuss why the international financial architecture needs a structured mechanism for dealing with sovereign insolvency. The paper suggests that the most important problem with the status-quo relates to delayed defaults and sketches a proposal aimed at mitigating this problem.

Sujets

Sciences economiques > Commerce international

Institution partenaire

Institut de hautes études internationales et du développement

Data

2013