Episode 7. The International Monetary Fund: a pivotal and controversial role in debt
DebtTalks
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IMF's Crucial Role in Sovereign Debt Restructuring
This chapter examines the integral role of the IMF and multilateral institutions in navigating the complexities of sovereign debt restructuring in a fragmented creditor landscape. It discusses the challenges sovereign nations face in addressing debt unsustainability while balancing market access and creditworthiness, highlighting the IMF's function as a mediator. The conversation also underscores the absence of a clear legal framework for sovereign debt, emphasizing the ongoing debate for better legislative solutions to manage international debt crises.
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