TY - BOOK AU - Finger,Harald AU - Mecagni,Mauro TI - Sovereign Debt Restructuring and Debt Sustainability: An Analysis of Recent Cross-Country Experience T2 - Occasional Papers; Occasional Paper SN - 1589066103 : SN - 0251-6365 PY - 2007/// CY - Washington, D.C. PB - International Monetary Fund KW - Bonds KW - imf KW - Debt Restructuring KW - Debt Sustainability KW - Public Debt KW - Sovereign Debt KW - Argentina KW - Dominican Republic KW - Pakistan KW - Ukraine KW - Uruguay N2 - Restoring a country's debt to a sustainable path after a sovereign debt restructuring is key to ensuring a credible and durable exit from the crisis. In recent years, a number of countries have restructured their sovereign liabilities, either following a default, or preemptively, to avoid a default. This Occasional Paper takes stock of the experiences of some of these countries--Argentina, the Dominican Republic, Ecuador, Moldova, Pakistan, Russia, Ukraine, and Uruguay--with debt-restructuring operations, with a view to assessing the outcomes and whether debt sustainability has been restored. The emphasis of the study is on sovereign debt owed to private creditors UR - http://elibrary.imf.org/view/IMF084/06362-9781589066106/06362-9781589066106/06362-9781589066106.xml UR - http://www.imfbookstore.org/IMFORG/9781589066106 ER -