banks have a comparative advantage over the bond market in processing information. (2) Debt default in the 1930s depended on … quickly from the Great Depression than countries which resisted default. This contrasts with the experience of the 1980s, when … 11 corporate bankruptcy proceedings is no more applicable to the 1930s than to the 1980s. (6) Although default led in …

foreign dollar bonds lapsed into default, several global schemes for resolving the crisis were considered even while …

banks have a comparative advantage over the bond market in processing information. (2) Debt default in the 1930s depended on … quickly from the Great Depression than countries which resisted default. This contrasts with the experience of the 1980s, when … 11 corporate bankruptcy proceedings is no more applicable to the 1930s than to the 1980s. (6) Although default led in …

foreign dollar bonds lapsed into default, several global schemes for resolving the crisis were considered even while …