La Répudiation de la Dette Souveraine et ses Conséquences: Le Cas de l’Equateur

Claire Barraud ()
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Claire Barraud: UGA UFR FEG - Université Grenoble Alpes - Faculté d'Économie de Grenoble - UGA [2016-2019] - Université Grenoble Alpes [2016-2019]

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Abstract: Ecuador has recently repudiated a large share of its commercial debt. Given the country's debt history, the first section of the article shows that this decision can be regarded as legitimate, and even necessary. The second section nevertheless examines the negative consequences highlighted in the existing literature on this topic, and counters them with practical arguments intended to demonstrate their uncertain and therefore relative nature.

Keywords: Ecuador; Sovereign debt crises; Financial crises; Repudiation; Dette souveraine; Crises financières; Répudiation (search for similar items in EconPapers)
Date: 2009-12-10
Note: View the original document on HAL open archive server: https://hal.science/hal-05396224v1
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Published in “La crise financière et monétaire : Repenser la politique économique et redéfinir l’architecture et la gouvernance de la finance internationale”, Quatrième Colloque Bi-annuel organisé par Le centre d’études monétaires et financières et the International Economic Policy Institute (IEPI) En collaboration avec L’ADEK (Association pour le Développement des Etudes Keynésiennes), Dec 2009, Dijon, France

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05396224

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