Crisis Resolution: Next Steps photograph

Crisis Resolution: Next Steps

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Originally published 2003
Authors Barry Eichengreen
Ashoka Mody
Kenneth Kletzer
Date of Reg.
Date of Upd.
ID2114581
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About Crisis Resolution: Next Steps


At the April 2003 meeting of the International Monetary and Financial Committees, it was decided to further encourage the contractual approach to smoothing the process of sovereign debt restructuring by encouraging the more widespread use of collective action clauses (CACs) in international bonds. . . .

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