The article Poland to seek $20bn IMF credit appears on BBC on April 14th, 2009. The article’s synopsis is Poland’s government is to ask the International Monetary Fund (IMF) for a $20bn (£13.44bn) credit line to help tackle the economic crisis.
This article also appears on Marketwatch.
There has been a great deal of sentiment among the U.S. denizens that free trade has given rise to the economic crisis du jour. I disagree with this assertion, for the reasons set out in my commentary, below.
The article Is the Dollar Doomed? by Michael Schuman appears on Time’s website (via CNN), April 6th, 2009.
The article Exit Consents in Sovereign Bond Exchanges (2000) by Lee Buchheit and G. Mitu Gulati is available on SSRN.
Jon Stewart interviews Peter Orszag, Director of the Office of Management and Budget, on The Daily Show. They discuss the current economic climate, as well as how the United States might restructure its debts. This interview offers an oculus into the “mainstream” perceptions of sovereign debt restructuring.
The article The Roadblock to a Sovereign Bankruptcy Law by Jeffery Sachs was published in the Cato Journal, Vol. 23, No. 1 (Spring/Summer 2003).