42. An Insolvency Procedure for Sovereign States: A Viable Instrument for Preventing and Resolving Debt Crises?

  1. Robert W. Kolb
  1. Kathrin Berensmann1 and
  2. Angélique Herzberg2

Published Online: 29 NOV 2011

DOI: 10.1002/9781118267073.ch42

Sovereign Debt: From Safety to Default

Sovereign Debt: From Safety to Default

How to Cite

Kolb, R. W. (2011) An Insolvency Procedure for Sovereign States: A Viable Instrument for Preventing and Resolving Debt Crises?, in Sovereign Debt: From Safety to Default, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118267073.ch42

Author Information

  1. 1

    German Development Institute

  2. 2

    Department of Economics, Heinrich Heine University

Publication History

  1. Published Online: 29 NOV 2011
  2. Published Print: 21 FEB 2011

ISBN Information

Print ISBN: 9780470922392

Online ISBN: 9781118267073

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Keywords:

  • sovereign debt crises;
  • global financial crises;
  • debt restructurings;
  • insolvency procedure;
  • foreign currency

Summary

This chapter contains sections titled:

  • Reasons for Establishing an Insolvency Procedure for Sovereign States

  • The Main Features of an Insolvency Procedure

  • Conclusion

  • Notes

  • About the Authors