This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly …€“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 …

sovereign debt. We establish the size, destination, and characteristics of China's overseas lending. We identify three key … data on Chinese overseas debt stocks and flows. Third, the type of flows is tailored by recipient. Advanced and higher … middle-income countries tend to receive portfolio debt flows, via sovereign bond purchases of the People's Bank of China …

cases filed against defaulting sovereigns. We find that creditors are more likely to litigate in large debt restructurings … economies and those with a low legal capacity). We conclude that sovereign debt lawsuits can be predicted reasonably well with a …

World Bank. These "hidden debts" distort policy surveillance, risk pricing, and debt sustainability analyses. Since China …