Debt Restructuring and Sovereign Bankruptcy

Efforts to improve the framework for the resolution of international financial crises have been on the policy agenda for several years, but the recent financial crisis has brought new urgency to the issue. The wave of liberalization among developing countries in the 1970s has now left them especially vulnerable to the volatility of financial markets. Most key players now agree on the importance of a new mechanism to resolve sovereign debt insolvency crises, however there is less agreement on how best to achieve this goal. IPD's Debt Restructuring and Sovereign Bankruptcy Task Force brings together policy makers and the world's leading experts on this topic to develop better instruments and processes to resolve debt crises.