[PDF.73gl] Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises (Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization)
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Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises (Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization)
From Columbia University Press
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| #2219157 in eBooks | 2016-04-26 | 2016-04-26 | File type: PDF||0 of 0 people found the following review helpful.| Mixed|By DarrenIngram_dot_com|Sovereign debt is literally a growing problem for far too many countries around the world and attempts to cut the debt pressures do not seem to be working. This book takes a sensitive, detailed and focussed look at the issue, being a collection of essays from academic economists, lawyers and practitioners, guiding and shaping many critical question||The international debt regime desperately needs fixing. The debate over how to fix it, for its part, desperately needs systematic analysis, which is precisely what we get from this important volume. Critics of the current regime may not agree with everything p
The current approach to resolving sovereign debt crises does not work: sovereign debt restructurings come too late and do too little. Though they impose enormous costs on societies, these restructurings are often not deep enough to provide the conditions for economic recovery (as illustrated by the Greek debt restructuring of 2012. And if the debtor decides not to accept the terms demanded by the creditors, finalizing a restructuring can be slowed by legal challenge...
You easily download any file type for your gadget.Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises (Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization) | From Columbia University Press.Not only was the story interesting, engaging and relatable, it also teaches lessons.
