
Episode 14: Anna Gelpern on "How China Lends"
Sovereign Debt with Jill Dauchy
Rethinking instruments and clauses in the private sector: a shift in focus
The private sector focused on one instrument and one clause for 25 years, ignoring other important factors. Commodity trading firms, a major debt holder, are not regulated and may not care about standard contracts. This highlights the need for new stakeholders in the process.
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