Sovereign Default Risk Valuation Implications of Debt Crises and Bond Restructurings /

Past cycles of sovereign lending and default in emerging markets suggest that debt crises will recur at some point. In addressing debt crises it has proven helpful to distinguish between situations of illiquidity and insolvency. Solutions range from a voluntary debt swap to a soft or hard restructur...

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Bibliographic Details
Author / Creator: Andritzky, Jochen. (Author, http://id.loc.gov/vocabulary/relators/aut)
Other Corporate Authors / Creators:SpringerLink (Online service)
Format: Electronic eBook
Language:English
Edition:1st ed. 2006.
Imprint: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2006.
Series:Lecture Notes in Economics and Mathematical Systems, 582
Subjects:
Online Access:Available in Springer Business and Economics eBooks 2006 English/International.