Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/77428 
Authors: 
Year of Publication: 
2013
Series/Report no.: 
Graduate Institute of International and Development Studies Working Paper No. 03/2013
Publisher: 
Graduate Institute of International and Development Studies, Geneva
Abstract: 
This paper uses the rules of engineering as a rhetorical device to discuss why the international financial architecture needs a structured mechanism for dealing with sovereign insolvency. The paper suggests that the most important problem with the status-quo relates to delayed defaults and sketches a proposal aimed at mitigating this problem.
Subjects: 
sovereign debt
sovereign default
JEL: 
F34
H63
Document Type: 
Working Paper

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