Sovereign debt structure for crisis prevention /
Eduardo Borensztein, Marcos Chamon, Olivier Jeanne, Paolo Mauro and Jeromin Zettelmeyer.
- Washington, D. C : International Monetary Fund, 2004.
- vii, 62 páginas : ilustraciones, gráficas, tablas a blanco y negro y color ; 28 cm.
- Occasional paper, 237 0251-6365 ; .
- Occasional paper (FMI) .
Preface, vii -- I. Overview, 1 -- II. Facts on existing public debt structures, 7 -- III. Rendering debt structures less crisis prone with existing instruments, 14 -- IV. Explicit seniority in privately held sovereign debt, 23 -- V. Expanding the set of instruments: Indexation to real variables, 29 -- VI. Past and future of innovation in sovereign borrowing, 46 -- VII. Conclusions, 49 -- Appendix investors' attitudes toward growth-linked and other innovative financial instruments for sovereign borrowers: results of a survey, 51 -- References, 56.