La restructuration des dettes souveraines Européennes: un plan Brady à l'européenne

Xavier Lépine

Revue d'économie financière, 2011, vol. N° 103, issue 3, 297-306

Abstract: A financial restructuring of the sovereign debts of some European countries would be a sound financial and economic solution to the persistent crisis. Despite the differences between 1980?s Mexico and the present EU, the results of the Brady plan implemented in 1990 highlight that technical solutions are available. Nevertheless, such an implementation requires that the European policy makers make a clear choice for increased federalism.

Date: 2011
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