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Sovereign Debt Restructurings – The Market Knows Best

Sergio J. Galvis

International Finance, 2003, vol. 6, issue 1, 145-155

Abstract: Books reviewed in this article: Jeremy Bulow, First World Governments and Third World Debt Jeffrey Sachs, Resolving the Debt Crisis of Low‐Income Countries Michelle J. White, Sovereigns in Distress: Do They Need Bankruptcy? Nouriel Roubini, Do We Need a New Bankruptcy Regime? Hal S. Scott, How Would a Bankruptcy Regime Help? Edwin M. Truman, Debt Restructuring: Evolution or Revolution?

Date: 2003
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