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, Ukraine, Pakistan, Ecuador, Argentina, and Uruguay. We consider both external and domestic retructurings. Haircuts are …This paper estimates bond-by-bond ""haircuts""-realized investor losses-in recent debt restructurings in Russia … immediately after the exchange. We find average haircuts ranging from 13 percent (Uruguay external exchange) to 73 percent (2005 …
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Detailed case studies of debt defaults by Russia, Ukraine, Pakistan, Ecuador, Moldova, and Uruguay, framed by a … Debt Restructuring -- II The New Debt Crises, 1998-2005 -- Introduction -- 4 Russia -- 5 Ukraine -- 6 Pakistan -- 7 Ecuador … -- 8 Argentina -- 9 Moldova -- 10 Uruguay -- Afterword: The Dominican Republic -- III Policy -- 11 Debt Crises from the …
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This paper examines the costs of recent sovereign defaults using synthetic control methods, a novel econometric technique based on comparative case studies. Evidence on the effects of debt crises is thus presented on a case-by-case basis, uncovering large variations in country-specific...
Persistent link: https://www.econbiz.de/10009409494
The overall objective of the present study is to improve the quality the EC and other donors’ media support by providing an analyses of the EC ́s assistance so far and recommendations on future strategies and modalities. This present report focuses on the activities so far, while a separate...
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