Assessment of debt restructuring operations in commonwealth small states
Auteur :
Robinson, Michele
Éditeur :
Commonwealth Secretariat
ISBN :
9781849291354
Date de publication :
29 mai 2015
Dimensions :
24,0 x 16,5 cm
Langue :
Anglais
Pays d'origine :
Grande Bretagne
An increase in external shocks, terrorism and natural disasters over the past two decades has led to unsustainable debt burdens in small and vulnerable states, resulting in debt restructuring programmes. This paper highlights small states’ concerns about their growing debt burden and the emerging challenges to their overall debt sustainability.