line of defense is comprised of contractual and legal remedies. Both lines of defense broke down in the case of Ecuador …

actively manage their currency, while Ecuador’s country risk is mostly affected by endogenous risk and macroeconomic …

In late 2008, Ecuador launched a successful effort to restructure its external debt, the circumstances of which are …

integrity of the process and the rights of creditor minorities. The recent restructurings of Argentina and Ecuador presented the … in the Argentine restructuring revealed shortcomings in the ICMA contractual architecture. Argentina’s and Ecuador …-designation” and “PAC-man” adopted by Ecuador and Argentina enhance the ICMA architecture and provide strong incentives for a sovereign …

This paper delves into the dynamic impact of Ecuador's 2008 sovereign debt default on the subsequent performance of the … default's impact on Ecuador's EMBI performance, revealing a dynamically heterogeneous influence that fluctuates with evolving …