The AP is reporting on a UN summit about “What happens when a country is bankrupt and can’t pay its debts?”
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Monthly Archives: June 2009
Reference: International Insolvency Institute
The International Insolvency Institute has a committee on sovereign insolvency. The link contains a number of excellent papers on the subject.
News: Lessons from Ecuador’s bond default
Lessons from Ecuador’s bond default
posted by: Felix Salmon, describes in some detail the default by Ecuador, with a particular focus on the benefits for Ecuador.
News: Ecuador repudiates bonds
The article Emerging-market debt after Ecuador on Reuters July 8th, 2009 discusses the approach of Ecuador to their outstanding debt obligations: unilateral default.
