TITLE

Sovereign debt defaults: Paradigms and challenges

AUTHOR(S)
Olivares-Caminal, Rodrigo
PUB. DATE
March 2010
SOURCE
Journal of Banking Regulation;Mar2010, Vol. 11 Issue 2, p91
SOURCE TYPE
Academic Journal
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the issues faced by sovereign nation defaulting on its debt. The author suggests for a review of the case of those sovereigns under the threat of crisis, including Argentina, Ecuador, Iceland, and Greece, for this debt crisis are useful for a better understanding of the implications of a sovereign default. The author infers that the Iceland government's incompetence to bail out banks led to currency crisis that puts the country on the brink of a sovereign debt crisis.
ACCESSION #
49382721

 

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