Ghosal, Sayantan (contributor); … - 2007
.st-andrews.ac.uk/cdma
CDMA07/10
Optimal Sovereign Debt Write-downs
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Sayantan Ghosal
University of Warwick
Kannika Thampanishvong … current debt relief mechanisms fail
to address such problem. In this paper, we develop a model of sovereign debt
write … still fails to take into account the �politics�of sovereign debt
relief. This issue is extremely important as for these low …