Former Soviet Union Debt Rescheduling

Former Soviet Union Debt Rescheduling
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Deficits, Debt Management, and International Debt
Publisher:
Total Pages: 68
Release: 1992
Genre: Business & Economics
ISBN:

Sovereign Debt Restructurings 1950-2010

Sovereign Debt Restructurings 1950-2010
Author: Mr.Udaibir S. Das
Publisher: International Monetary Fund
Total Pages: 128
Release: 2012-08-01
Genre: Business & Economics
ISBN: 1475505531

This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.

Former Soviet Union

Former Soviet Union
Author: DIANE Publishing Company
Publisher: DIANE Publishing
Total Pages: 172
Release: 1995-07
Genre: Business & Economics
ISBN: 9780788120503

Assesses the creditworthiness of the former Soviet Union & its successor states in the context of the U. S. Dept. of Agriculture's Office of the General Sales Manages (GSM)-102 agricultural export credit guarantee program.

Former Soviet Union

Former Soviet Union
Author: United States. General Accounting Office
Publisher:
Total Pages: 182
Release: 1995
Genre: Debts, External
ISBN:

1994 World Economic & Financial Surveys; Official Financing for Dev. Countries

1994 World Economic & Financial Surveys; Official Financing for Dev. Countries
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 100
Release: 1994-01-01
Genre: Business & Economics
ISBN: 1451938330

This paper focuses mainly on official bilateral and multilateral financing for countries that have rescheduled their debts to official bilateral creditors. In contrast to the approaches taken by private lenders, official creditors have continued to provide new financing on a large scale to countries with debt-servicing difficulties that implement adjustment and reform programs. Financial support bas been provided through a wide variety of instruments and channels. For the low-income rescheduling countries as a group, total financial assistance has been about as large as these countries' own export earnings in every year since 1986. The recent trends in official financing have important ramifications for developing countries. Access to external financing from official sources is likely to remain high for those countries whose adjustment and reform efforts provide assurances that resources will be used efficiently. Conversely, countries with uneven records of policy implementation (particularly as regards payments arrears) are likely to find difficulty in attracting financial support.

World Economic Outlook, May 1997

World Economic Outlook, May 1997
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
Total Pages: 226
Release: 1997-05-15
Genre: Business & Economics
ISBN: 9781557756480

This paper presents an outlook for the world economy for 1997. The paper highlights that the world economic growth quickened during 1996 following widespread deceleration of activity in 1995. Economic and financial conditions are generally propitious for the global expansion to continue in 1997 and the medium term at rates at least matching those seen during the past three years. The paper underscores that in many countries, structural reforms are enhancing the role of market forces and thereby strengthening the basis for sustained, robust growth.

Economic Transition in Russia and the New States of Eurasia

Economic Transition in Russia and the New States of Eurasia
Author: Bartłomiej Kamiński
Publisher: M.E. Sharpe
Total Pages: 452
Release: 1996
Genre: Economic planning and growth
ISBN: 9781563243660

This volume covers the economic progress made by the new states of the former Soviet Union in the transition from command to market economies. Topics discussed include: political and economic adjustments; the domestic dimension; macropolicies; restructuring; and regional and world integration.