The political economy of sovereign debt crises: The current state of the debate on debt restructuring mechanisms

The goal of this research is to analyze the state of the contemporary debate on the mechanisms for sovereign debt restructuring. The article begins by unraveling the main guidelines supported by the proposals with the greatest political and economic impact since the opening of the debate, focusing s...

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Detalles Bibliográficos
Autor: Fernández Alonso, José
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2018
País:Ecuador
Institución:Universidad Andina Simón Bolivar
Repositorio:Revista Comentario Internacional
Idioma:español
OAI Identifier:oai:revistas.uasb.edu.ec:article/1068
Acceso en línea:https://revistas.uasb.edu.ec/index.php/comentario/article/view/1068
Access Level:acceso abierto
Palabra clave:Economía Política
deuda soberana
Argentina
FMI
MRDS
Political economy
sovereign debt
IMF
SDRM
Descripción
Sumario:The goal of this research is to analyze the state of the contemporary debate on the mechanisms for sovereign debt restructuring. The article begins by unraveling the main guidelines supported by the proposals with the greatest political and economic impact since the opening of the debate, focusing specially on the developments reported in the following years. It also identifies the promoters of each one of them and the arguments that they putforward –and they still use today– regarding the problems that determine all the processes of sovereign debt restructuring. Finally, the work culminates with some closing considerations.