Anthony, Myrvin L.; Impavido, Gregorio; Selm, Bert van - 2020
This paper examines the causes, processes, and outcomes of Barbados' 2018-19 sovereign debt restructuring-its first … ever. The restructuring was comprehensive, featuring several rarely used approaches, including the restructuring of … treasury bills, and the use of a retrofitted collective action mechanism. The debt restructuring has helped to set Barbados …