Does Debt Restructuring Work? An Assessment of Remedial Action in SIDS

Michele Robinson

Chapter Chapter 9 in Debt and Development in Small Island Developing States, 2014, pp 207-218 from Palgrave Macmillan

Abstract: Abstract Since the 2000s, a growing number of Small Island Developing States (SIDS) have undertaken debt restructuring in the face of high and increasingly unsustainable debt. This chapter examines the current debt restructuring mechanisms available to SIDS and the extent to which using these mechanisms has provided debt relief. The chapter focuses on SIDS that have undertaken comprehensive debt restructuring since the start of the 2000s and assesses whether debt restructuring has met their objective of placing their debt on a downward trajectory so as to restore debt sustainability over the medium term.

Keywords: International Monetary Fund; Public Debt; External Debt; Small Island Develop State; Debt Relief (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39278-7_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137392787

DOI: 10.1057/9781137392787_9

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().