Climate factors' impact on a debtor's ability to honor its obligations has been recognized for over 4,000 years. It was the Code of Hammurabi in Mesopotamia that first mandated a deferral of principal repayment and...more
2/9/2023
/ Bonds ,
Climate Change ,
Collective Actions ,
Coronavirus/COVID-19 ,
Debt Instruments ,
Debt Restructuring ,
Force Majeure Clause ,
Investors ,
Pricing ,
Sovereign Debt ,
Terms and Conditions
Sovereign debt restructuring solutions developed in Latin America during 2020 and 2021 create a new paradigm for sovereign debt restructurings in the region and globally -
Over the past 50 years, the Latin American and...more
Economic and fiscal challenges of implementing debt relief in Africa -
While the COVID-19 pandemic continues to pose unprecedented challenges to countries worldwide, the impact is even more critical on developing countries...more
9/23/2020
/ Africa ,
Coronavirus/COVID-19 ,
Creditors ,
Debt Relief ,
Default ,
Developing Countries ,
DSSI ,
Financial Distress ,
Foreign Sovereigns ,
G20 ,
Private Funds ,
United Nations Conference on Trade and Development (UNCTAD) ,
World Bank