Overcoming developing country debt crises (Oxford University Press, 2009)
Includes bibliographical references and index
Introduction - the case for a new international relief effort - Barry Herman, José Antonio Ocampo, and Shari Spiegel -- - The analytical framework for debt policy - Sovereign debt - notes on theoretical frameworks and policy analyses - Joseph E. Stiglitz - Reasons for limited sovereign risk management and how to improve it - Stijn Claessens - Is domestic debt the answer to debt crises? - Ugo Panizza -- - Crisis experiences when most credits were private - The 1980s crisis in syndicated bank lending to sovereigns and the sequence of mechanisms to fix it - Luis jorge Garay Salamanca - Excess returns on emerging market bonds and the framework for sovereign debt restructuring - Shari Spiegel - The Russian Federation - from financial pariah to star reformer - Sergei Gorbunov - The Argentinean debt - history, default, and restructuring - Mario Damill, Roberto Frenkel, and Martín Rapetti -- - Crisis experiences when most credits were official - Paris club - intergovernmental relations in debt restructuring - Enrique Cosío-Pascal - Ethiopian debt policy - the long road from Paris Club to the MDGs - Matthew Martin - Human development advocacy for debt relief, aid, and governance - Henry Northover -- - Political economy and institutional reform - The political economy of the SDRM - Brad Setser - How CACs became boilerplate - governments in "market-based" change - Anna Gelpern and Mitu Gulati - Why the code of conduct for resolving sovereign debt crises falls short - Barry Herman - Taking stock of proposals for more ordered workouts - Jürgen Kaiser - How to rethink sovereign bankruptcy - a new role for the IMF? - Patrick Bolton and David A. Skeel, Jr. -- - Conclusion - Conclusion - towards a comprehensive sovereign bankruptcy regime - Barry Herman, José Antonio Ocampo, and Shari Spiegel