Borensztein, Eduardo...[et al] <br/><br/>
Sovereign debt structure for crisis prevention 

 - WashingtonUS  IMF  2004 
 - vii, 62 p. 
<br/><br/> Considers recently developed analytical approaches to improving the structure of sovereign debt using existing debt instruments.  Reviews a number of proposals - including the introduction of explicit seniority and GDP-linked instruments - in the sovereign context.  Discusses their pros and cons and the related practical challenges. 
<br/><br/><label>Universal Decimal Class. No.: </label>11.01.01 S7295