relevant to the debate on Sovereign Debt Restructuring. It highlights four components common to most bankruptcy reorganization …This paper provides an overview of key elements of Corporate Bankruptcy Codes and Practice around the world that are … institutions: a stay on debt collection efforts to prevent a costly run for the assets, broad enforcement of absolute priority …

The sizeable fiscal consolidation required to stabilize the debt-to-GDP ratios in several countries in the aftermath of … stabilize debt to GDP. We find that, in at least half the cases, countries improved their cyclically adjusted primary balances … by close to 5 percent of GDP. We also observe that, while countries typically make substantial efforts to stabilize debt …

This paper seeks to determine the effects that natural disasters have on per capita GDP and on the debt to GDP ratio in … and floods have a negative effect on growth, and that debt increases with floods but not with storms. However, in a … subsample I find that storms significantly increase debt in the short and long run. I also find weak evidence that debt relief …

This paper re-examines the stock-flow discrepancies of government debt and deficits and correlation with fiscal …

This paper uses the propensity matching score approach to assess the impact of the IMF’s debt limits policy (DLP) on …

In housing crises, high mortgage debt can feed a vicious circle of falling housing prices and declining consumption and …