Author: United Nations Conference on Trade and Development. Development Finance Branch
Publisher: New York : United Nations
ISBN:
Category : Business & Economics
Languages : en
Pages : 58
Book Description
The purpose of this report is to outline the practical steps, which debtor countries need to take vis-á-vis their Paris Club creditors at the early stage of a debt conversion programme. The report has benefited from discussions with representatives of a selected group of Paris Club creditor countries. It also discusses the extent to which non-governmental organizations (NGOs) from the selected creditor countries have experience of, or are interested in benefiting from, the debt conversion transactions. [UN website]
The Conversion of Paris Club Debt
Author: United Nations Conference on Trade and Development. Development Finance Branch
Publisher: New York : United Nations
ISBN:
Category : Business & Economics
Languages : en
Pages : 58
Book Description
The purpose of this report is to outline the practical steps, which debtor countries need to take vis-á-vis their Paris Club creditors at the early stage of a debt conversion programme. The report has benefited from discussions with representatives of a selected group of Paris Club creditor countries. It also discusses the extent to which non-governmental organizations (NGOs) from the selected creditor countries have experience of, or are interested in benefiting from, the debt conversion transactions. [UN website]
Publisher: New York : United Nations
ISBN:
Category : Business & Economics
Languages : en
Pages : 58
Book Description
The purpose of this report is to outline the practical steps, which debtor countries need to take vis-á-vis their Paris Club creditors at the early stage of a debt conversion programme. The report has benefited from discussions with representatives of a selected group of Paris Club creditor countries. It also discusses the extent to which non-governmental organizations (NGOs) from the selected creditor countries have experience of, or are interested in benefiting from, the debt conversion transactions. [UN website]
Debt Swaps for Sustainable Development
Author: Dr. Jürgen Kaiser
Publisher: Iucn
ISBN:
Category : Business & Economics
Languages : en
Pages : 76
Book Description
This publication is aimed at helping IUCN's members to understand the scope and mechanisms of debt conversion and to spot opportunities for their own action in this important field.
Publisher: Iucn
ISBN:
Category : Business & Economics
Languages : en
Pages : 76
Book Description
This publication is aimed at helping IUCN's members to understand the scope and mechanisms of debt conversion and to spot opportunities for their own action in this important field.
Restructuring Sovereign Debt
Author: Lex Rieffel
Publisher: Rowman & Littlefield
ISBN: 9780815796114
Category : Business & Economics
Languages : en
Pages : 372
Book Description
The Western powers established the International Monetary Fund (IMF) and the World Bank after World War II as "permanent machinery" to anchor the Bretton Woods system. When developing countries began experiencing debt problems in the late 1960s, the Paris Club took shape as "ad hoc machinery" to restructure debt from export credit agencies. A decade later the London Club process emerged to handle workouts of commercial bank debt. Restructuring debt in the form of bonds became an issue in the late 1990s in Argentina and several other nations, and the IMF recently proposed a permanent mechanism to deal with that challenge. Restructuring Sovereign Debt explains why ad hoc machinery would function more effectively in the Bretton Woods system. By describing in detail the origins and operations of the London Club and Paris Club, Lex Rieffel highlights the pragmatism and flexibility associated with ad hoc approaches. He also recalls earlier proposals for creating permanent debt restructuring machinery and the reasons why they were not adopted. Recognizing that the issue of sovereign debt workout is complex, Rieffel has provided a comprehensive and detailed exposition of this important policy issue. Rieffel's book is an important tool for policymakers and the public, particularly as the global community seeks to resolve the debt problems of countries as diverse as Argentina, Iraq, and Côte d'Ivoire.
Publisher: Rowman & Littlefield
ISBN: 9780815796114
Category : Business & Economics
Languages : en
Pages : 372
Book Description
The Western powers established the International Monetary Fund (IMF) and the World Bank after World War II as "permanent machinery" to anchor the Bretton Woods system. When developing countries began experiencing debt problems in the late 1960s, the Paris Club took shape as "ad hoc machinery" to restructure debt from export credit agencies. A decade later the London Club process emerged to handle workouts of commercial bank debt. Restructuring debt in the form of bonds became an issue in the late 1990s in Argentina and several other nations, and the IMF recently proposed a permanent mechanism to deal with that challenge. Restructuring Sovereign Debt explains why ad hoc machinery would function more effectively in the Bretton Woods system. By describing in detail the origins and operations of the London Club and Paris Club, Lex Rieffel highlights the pragmatism and flexibility associated with ad hoc approaches. He also recalls earlier proposals for creating permanent debt restructuring machinery and the reasons why they were not adopted. Recognizing that the issue of sovereign debt workout is complex, Rieffel has provided a comprehensive and detailed exposition of this important policy issue. Rieffel's book is an important tool for policymakers and the public, particularly as the global community seeks to resolve the debt problems of countries as diverse as Argentina, Iraq, and Côte d'Ivoire.
Global Waves of Debt
Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
The Financial Obligation in International Law
Author: Rutsel Silvestre J Martha
Publisher: Oxford University Press
ISBN: 0191055956
Category : Law
Languages : en
Pages : 657
Book Description
This is the first volume to comprehensively and systematically study, describe, and theorize the financial obligation created and governed by public international law. Legal globalization has given rise to a number of financial issues in international law in areas as diverse as development financing, investment protection, compensation of human rights victims, and sovereign debt crises. The claims resulting from the proliferation of financial activity are not limited to those primarily involving financial obligation (e.g. loans and grants) but include secondary obligation resulting from the law on international responsibility. Among the many instances of financial obligation covered in this study, the reader will find inter-State financial transactions, inter-State sale of goods, transnational services such as telecommunications and post, the financial operations of multilateral institutions, loans, grants and guarantees provided by the various international financial institutions, certain financial relations between non-State actors (including natural persons) and States, intergovernmental organizations or other international legal actors, and government loans to international organizations. Rich in historical detail and systematic in its coverage of contemporary law, this book will be valued by all practitioners and scholars with an interest in the nature of international financial obligation.
Publisher: Oxford University Press
ISBN: 0191055956
Category : Law
Languages : en
Pages : 657
Book Description
This is the first volume to comprehensively and systematically study, describe, and theorize the financial obligation created and governed by public international law. Legal globalization has given rise to a number of financial issues in international law in areas as diverse as development financing, investment protection, compensation of human rights victims, and sovereign debt crises. The claims resulting from the proliferation of financial activity are not limited to those primarily involving financial obligation (e.g. loans and grants) but include secondary obligation resulting from the law on international responsibility. Among the many instances of financial obligation covered in this study, the reader will find inter-State financial transactions, inter-State sale of goods, transnational services such as telecommunications and post, the financial operations of multilateral institutions, loans, grants and guarantees provided by the various international financial institutions, certain financial relations between non-State actors (including natural persons) and States, intergovernmental organizations or other international legal actors, and government loans to international organizations. Rich in historical detail and systematic in its coverage of contemporary law, this book will be valued by all practitioners and scholars with an interest in the nature of international financial obligation.
Resolving Sovereign Debt Crises
Author: Jürgen Kaiser
Publisher:
ISBN: 9783868724776
Category :
Languages : en
Pages : 39
Book Description
Publisher:
ISBN: 9783868724776
Category :
Languages : en
Pages : 39
Book Description
Country Risk Assessment
Author: Michel Henry Bouchet
Publisher: John Wiley & Sons
ISBN: 0470845007
Category : Business & Economics
Languages : en
Pages : 291
Book Description
One of the few books on the subject, Country Risk Assessment combines the theoretical and practical tools for managing international country risk exposure. - Offers a comprehensive discussion of the specific mechanisms that apply to country risk assessment. - Discusses various techniques associated with global investment strategy. - Presents and analyses the various sources of country risk. - Provides an in depth coverage of information sources and country risk service providers. - Gives techniques for forecasting country financial crises. - Includes practical examples and case studies. - Provides a comprehensive review of all existing methods including the techniques on the cutting-edge Market Based Approaches such as KMV, CreditMetrics, CountryMetrics and CreditRisk+.
Publisher: John Wiley & Sons
ISBN: 0470845007
Category : Business & Economics
Languages : en
Pages : 291
Book Description
One of the few books on the subject, Country Risk Assessment combines the theoretical and practical tools for managing international country risk exposure. - Offers a comprehensive discussion of the specific mechanisms that apply to country risk assessment. - Discusses various techniques associated with global investment strategy. - Presents and analyses the various sources of country risk. - Provides an in depth coverage of information sources and country risk service providers. - Gives techniques for forecasting country financial crises. - Includes practical examples and case studies. - Provides a comprehensive review of all existing methods including the techniques on the cutting-edge Market Based Approaches such as KMV, CreditMetrics, CountryMetrics and CreditRisk+.
Debt Conversion Programme
Author:
Publisher:
ISBN:
Category : Debt relief
Languages : en
Pages : 212
Book Description
Publisher:
ISBN:
Category : Debt relief
Languages : en
Pages : 212
Book Description
External Debt Management
Author: Thomas Martin Klein
Publisher: World Bank Publications
ISBN: 9780821328088
Category : Business & Economics
Languages : en
Pages : 330
Book Description
World Bank Technical Paper 245. This document was designed primarily for staff of newly established debt management institutions within governments that are launching borrowing programs, and discusses the entire range of external debt management. Topics include the organizational procedures for negotiating foreign loans and credits, the control and coordination of borrowing decisions, risk management, the administration of new loans, and external debt accounting and statistics. Basic accounting principles are reviewed and the use of computers explored. The authors stress that the government unit with responsibility for meeting future debt service obligations should also play a major role in decisions regarding foreign borrowing. Reporting statistics on external debt is a crucial part of a country's relationship with the World Bank and other donors. The Bank has formal requirements for debt reporting by member nations and accurate accounting is a prerequisite to having loans considered by the Bank's Executive Board. This book is an essential reference for training and technical assistance programs in asset and liability mangement.
Publisher: World Bank Publications
ISBN: 9780821328088
Category : Business & Economics
Languages : en
Pages : 330
Book Description
World Bank Technical Paper 245. This document was designed primarily for staff of newly established debt management institutions within governments that are launching borrowing programs, and discusses the entire range of external debt management. Topics include the organizational procedures for negotiating foreign loans and credits, the control and coordination of borrowing decisions, risk management, the administration of new loans, and external debt accounting and statistics. Basic accounting principles are reviewed and the use of computers explored. The authors stress that the government unit with responsibility for meeting future debt service obligations should also play a major role in decisions regarding foreign borrowing. Reporting statistics on external debt is a crucial part of a country's relationship with the World Bank and other donors. The Bank has formal requirements for debt reporting by member nations and accurate accounting is a prerequisite to having loans considered by the Bank's Executive Board. This book is an essential reference for training and technical assistance programs in asset and liability mangement.
Accompanying Document to the Guidelines for Public Debt Management
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498328148
Category : Business & Economics
Languages : en
Pages : 367
Book Description
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Publisher: International Monetary Fund
ISBN: 1498328148
Category : Business & Economics
Languages : en
Pages : 367
Book Description
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