2018/09/13 by Julianne Ams, Tamon Asonuma, Wolfgang Bergthaler +10 · 1 voice
Economics, Econometrics and Finance · #Global Financial Crisis and Policies
paper · doi:10.5089/9781484371329.009
openalex publication_date 2018/09/13 · openalex created_date 2025/10/10 · openalex updated_date 2026/06/28
“The IMF’s Role in the Prevention and Resolution of Sovereign Debt Crises” provides a guided narrative to the IMF’s policy papers on sovereign debt produced over the last 40 years. The papers are divided into chapters, tracking four historical phases: the 1980s debt crisis; the Mexican crisis and the design of policies to ensure adequate private sector involvement (“creditor bail-in”); the Argentine crisis and the search for a durable crisis resolution framework; and finally, the global financial crisis, the Eurozone crisis, and their aftermaths.