Chapter

Overview: Dealing with Crises

Michael Chui and Prasanna Gai

in Private Sector Involvement and International Financial Crises

Published in print January 2005 | ISBN: 9780199267750
Published online July 2005 | e-ISBN: 9780191602504 | DOI: http://dx.doi.org/10.1093/0199267758.003.0008
Overview: Dealing with Crises

Show Summary Details

Preview

Presents an overview of Part 2 of the book—the management of financial crises. Sovereign bankruptcy and creditor coordination are at the center of this debate. The contractual and statutory approaches to crisis resolution, which lay stress on collective action clauses and formal structures for sovereign debt restructuring are introduced.

Keywords: collective action clauses; contractual and statutory approaches to crisis management; creditor coordination; sovereign debt restructuring

Chapter.  4058 words.  Illustrated.

Subjects: Financial Markets

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.