00645nam a2200121Ia 450000500170000008000190001710000350003624500510007126000280012230000150015052003390016558300190050420260716043619.0 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