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Episode 22: Mark Flanagan on the reforms of the DSA

Sovereign Debt with Jill Dauchy

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IMF Resilience Sustainability Trust and Debt Sustainability Assessment

The chapter discusses the increasing importance of the IMF Resilience Sustainability Trust in the IMF frameworks and delves into the process of conducting the debt sustainability assessment (DSA) when a country seeks assistance from the IMF. It explores the negotiation process, the involvement of private and official creditors, and the sensitivity of restructuring processes, using examples from Greece and Ukraine.

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