How the brady plan delivered on debt relief: lessons and implications
Auteur :
Shenai, Neil / Bolhuis, Marijn A.
Éditeur :
Cambridge University Press
ISBN :
9781009747431
Date de publication :
31 janv. 2026
Poids :
250 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
The US Treasury Secretary Nicholas Brady introduced a plan enabling distressed sovereigns to restructure unsustainable debts through 'Brady bonds.' This Element examines the impact of the original Brady Plan by comparing outcomes for ten Brady countries against forty emerging markets and developing economies.