00616nam a2200109Ia 4500080001900000100003500019245005100054260002800105300001500133520033900148583001900487 a11.01.01 S7295 aBorensztein, Eduardo...[et al] aSovereign debt structure for crisis prevention bIMFaWashingtonUSc2004 avii, 62 p. aConsiders 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. c10/11/05kJOYD