Journal Article

Chapter 11 for Countries?

Abstract: Sovereign default risk is rising, yet the system for dealing with it remains flawed. Satyajit Chatterjee explains why it might be time to revive a debt restructuring proposal the international community rejected in 2003.

Keywords: Chapter 11; Debt; Bankruptcy;

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Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Economic Insights

Publication Date: 2016-04

Volume: 1

Issue: 2

Pages: 7-14