How the Brady Plan Delivered on Debt Relief : Lessons and Implications
Bolhuis, Marijn A. Shenai, Neil
Cambridge Elements in International Economics
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Heftet
Forventes utgitt
Forventes utgitt: 31.01.2026
Leveringstid: 3-10 dager
Handlinger
Beskrivelse
Omtale
The US Treasury Secretary Nicholas Brady introduced a plan enabling distressed sovereigns to restructure unsustainable debts through 'Brady bonds.' This Element examines the impact of the original Brady Plan by comparing outcomes for ten Brady countries against forty emerging markets and developing economies.