Overcoming Developing Country Debt Crises
Herausgeber: Herman, Barry; Spiegel, Shari; Ocampo, José Antonio
Overcoming Developing Country Debt Crises
Herausgeber: Herman, Barry; Spiegel, Shari; Ocampo, José Antonio
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The book looks at historical sovereign debt crises in developing and transition economies, and concludes that these occurrences have been economic and social catastrophes and are likely to happen again in the future due to the boom and bust nature of economic cycles, which can wreak havoc in liberalized financial environments.
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The book looks at historical sovereign debt crises in developing and transition economies, and concludes that these occurrences have been economic and social catastrophes and are likely to happen again in the future due to the boom and bust nature of economic cycles, which can wreak havoc in liberalized financial environments.
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Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Produktdetails
- Produktdetails
- Verlag: Oxford University Press
- Seitenzahl: 532
- Erscheinungstermin: 26. Mai 2010
- Englisch
- Abmessung: 234mm x 157mm x 23mm
- Gewicht: 567g
- ISBN-13: 9780199578788
- ISBN-10: 0199578788
- Artikelnr.: 32459395
- Verlag: Oxford University Press
- Seitenzahl: 532
- Erscheinungstermin: 26. Mai 2010
- Englisch
- Abmessung: 234mm x 157mm x 23mm
- Gewicht: 567g
- ISBN-13: 9780199578788
- ISBN-10: 0199578788
- Artikelnr.: 32459395
Barry Herman is Visiting Senior Fellow at the Graduate Program in International Affairs of The New School in New York. He is also a member of the Board of Directors of Global Integrity, a research NGO based in Washington that works with independent scholars and investigative reporters on assessing laws, institutions and practices to improve governance and limit corruption in developed and developing countries. He completed almost 30 years in the United Nations Secretariat in 2005, the last two years of which were as Senior Advisor in the Financing for Development Office in the Department of Economic and Social Affairs (DESA). Prior to his UN service, he taught international economics and development at the City University of New York and Dickinson College (Carlisle, Pa). He holds a PhD in economics from the University of Michigan and an MBA from the University of Chicago. José Antonio Ocampo is Professor in the School of International and Public Affairs and Fellow of the Committee on Global Thought at Columbia University. Prioir to this, Professor Ocampo served as the United Nations Under-Secretary-General for Economic and Social Affairs, and head of UN Department of Economic and Social Affairs (DESA), as Executive Secretary of the UN Economic Commission for Latin America and the Caribbean (ECLAC), and has held a number of high-level posts in the Government of Colombia, including Minister of Finance and Public Credit and Director of the National Planning Department. He has also served as Executive Director of FEDESARROLLO, the main think tank on economic issues in Colombia, Director of the Centro de Estudios sobre Desarrollo Economico of Universidad de los Andes, Professor of Economics at Universidad de los Andes, and Professor of Economic History at Universidad Nacional de Colombia. He has also been Visiting Professor at Cambridge, Oxford and Yale Universities. Shari Spiegel is a Principal at New Holland Capital, PLC (an advisor to APG, the Dutch Civil Servant's Pension Fund). From 2002 to 2007 she was the Executive Director at IPD and an adjunct professor and Lecturer at the School of International Affairs, Columbia University. Ms. Spiegel joined IPD from Lazard Asset Management where she was a Director of Lazard LLC and the Senior Fixed Income Portfolio Manager in charge of emerging markets. Prior to this, she spent several years working in Budapest where she was an advisor to the Hungarian Central Bank and an instructor at the International Training Centre for Bankers. Later, she served as CEO of Budapest Investment Management Company. She has also held positions at Drexel Burnham Lambert and Citibank NA in New York. She has an MA in economics from Princeton Univesity and a BA in applied mathematics and economics from Northwestern University. She is a member of the Board of Directors of New Rules for Global Finance, an NGO based in Washington.
* Introduction
* 1: Barry Herman, Jose Antonio Ocampo and Shari Spiegel: The case for
a new international reform effort
* Part I: The analytical framework for debt policy
* 2: Joseph E. Stiglitz: Sovereign debt: notes on theoretical
frameworks and policy analyses
* 3: Stijn Claessens: Reasons for limited sovereign risk management and
how to improve it
* 4: Ugo Panizza: Is domestic debt the answer to debt crises?
* Part II: Crisis Experiences When Most Credits Were Private
* 5: Luis Jorge Garay Salamanca: The 1980s crisis in syndicated bank
lending to sovereigns and the sequence of mechanisms to fix it
* 6: Shari Spiegel: Excess Returns on Emerging Market Bonds and the
Framework for Sovereign Debt Restructuring
* 7: Sergei Gorbuno: The Russian Federation: From Financial Pariah to
Star Reformer
* 8: Mario Damill, Roberto Frenkel and Martín Rapetti: The Argentine
debt: history, default and restructuring
* Part III: Crisis Experiences When Most Credits Were Official
* 9: Enrique Cosío-Pascal: Paris Club: intergovernmental relations in
debt restructuring
* 10: Matthew Martin: Ethiopian debt policy: the long road from Paris
Club to the MDGs
* 11: Henry Northover: Human development advocacy for debt relief, aid
and governance
* Part IV: Political Economy and Institutional Reform
* 12: Brad Setser: The political economy of the SDRM
* 13: Anna Gelpern and Mitu Gulati: How CACs became boilerplate:
governments in "market-based " change
* 14: Barry Herman: Why the code of conduct for resolving sovereign
debt crises falls short
* 15: Jürgen Kaiser: Taking stock of proposals for more ordered
workouts
* 16: Patrick Bolton and David A. Skeel, Jr.: How to rethink sovereign
bankruptcy: a new role for IMF?
* Conclusion
* 17: Barry Herman, Jose Antonio Ocampo and Shari Spiegel: Towards a
Comprehensive Sovereign Debt Bankruptcy Regime
* 1: Barry Herman, Jose Antonio Ocampo and Shari Spiegel: The case for
a new international reform effort
* Part I: The analytical framework for debt policy
* 2: Joseph E. Stiglitz: Sovereign debt: notes on theoretical
frameworks and policy analyses
* 3: Stijn Claessens: Reasons for limited sovereign risk management and
how to improve it
* 4: Ugo Panizza: Is domestic debt the answer to debt crises?
* Part II: Crisis Experiences When Most Credits Were Private
* 5: Luis Jorge Garay Salamanca: The 1980s crisis in syndicated bank
lending to sovereigns and the sequence of mechanisms to fix it
* 6: Shari Spiegel: Excess Returns on Emerging Market Bonds and the
Framework for Sovereign Debt Restructuring
* 7: Sergei Gorbuno: The Russian Federation: From Financial Pariah to
Star Reformer
* 8: Mario Damill, Roberto Frenkel and Martín Rapetti: The Argentine
debt: history, default and restructuring
* Part III: Crisis Experiences When Most Credits Were Official
* 9: Enrique Cosío-Pascal: Paris Club: intergovernmental relations in
debt restructuring
* 10: Matthew Martin: Ethiopian debt policy: the long road from Paris
Club to the MDGs
* 11: Henry Northover: Human development advocacy for debt relief, aid
and governance
* Part IV: Political Economy and Institutional Reform
* 12: Brad Setser: The political economy of the SDRM
* 13: Anna Gelpern and Mitu Gulati: How CACs became boilerplate:
governments in "market-based " change
* 14: Barry Herman: Why the code of conduct for resolving sovereign
debt crises falls short
* 15: Jürgen Kaiser: Taking stock of proposals for more ordered
workouts
* 16: Patrick Bolton and David A. Skeel, Jr.: How to rethink sovereign
bankruptcy: a new role for IMF?
* Conclusion
* 17: Barry Herman, Jose Antonio Ocampo and Shari Spiegel: Towards a
Comprehensive Sovereign Debt Bankruptcy Regime
* Introduction
* 1: Barry Herman, Jose Antonio Ocampo and Shari Spiegel: The case for
a new international reform effort
* Part I: The analytical framework for debt policy
* 2: Joseph E. Stiglitz: Sovereign debt: notes on theoretical
frameworks and policy analyses
* 3: Stijn Claessens: Reasons for limited sovereign risk management and
how to improve it
* 4: Ugo Panizza: Is domestic debt the answer to debt crises?
* Part II: Crisis Experiences When Most Credits Were Private
* 5: Luis Jorge Garay Salamanca: The 1980s crisis in syndicated bank
lending to sovereigns and the sequence of mechanisms to fix it
* 6: Shari Spiegel: Excess Returns on Emerging Market Bonds and the
Framework for Sovereign Debt Restructuring
* 7: Sergei Gorbuno: The Russian Federation: From Financial Pariah to
Star Reformer
* 8: Mario Damill, Roberto Frenkel and Martín Rapetti: The Argentine
debt: history, default and restructuring
* Part III: Crisis Experiences When Most Credits Were Official
* 9: Enrique Cosío-Pascal: Paris Club: intergovernmental relations in
debt restructuring
* 10: Matthew Martin: Ethiopian debt policy: the long road from Paris
Club to the MDGs
* 11: Henry Northover: Human development advocacy for debt relief, aid
and governance
* Part IV: Political Economy and Institutional Reform
* 12: Brad Setser: The political economy of the SDRM
* 13: Anna Gelpern and Mitu Gulati: How CACs became boilerplate:
governments in "market-based " change
* 14: Barry Herman: Why the code of conduct for resolving sovereign
debt crises falls short
* 15: Jürgen Kaiser: Taking stock of proposals for more ordered
workouts
* 16: Patrick Bolton and David A. Skeel, Jr.: How to rethink sovereign
bankruptcy: a new role for IMF?
* Conclusion
* 17: Barry Herman, Jose Antonio Ocampo and Shari Spiegel: Towards a
Comprehensive Sovereign Debt Bankruptcy Regime
* 1: Barry Herman, Jose Antonio Ocampo and Shari Spiegel: The case for
a new international reform effort
* Part I: The analytical framework for debt policy
* 2: Joseph E. Stiglitz: Sovereign debt: notes on theoretical
frameworks and policy analyses
* 3: Stijn Claessens: Reasons for limited sovereign risk management and
how to improve it
* 4: Ugo Panizza: Is domestic debt the answer to debt crises?
* Part II: Crisis Experiences When Most Credits Were Private
* 5: Luis Jorge Garay Salamanca: The 1980s crisis in syndicated bank
lending to sovereigns and the sequence of mechanisms to fix it
* 6: Shari Spiegel: Excess Returns on Emerging Market Bonds and the
Framework for Sovereign Debt Restructuring
* 7: Sergei Gorbuno: The Russian Federation: From Financial Pariah to
Star Reformer
* 8: Mario Damill, Roberto Frenkel and Martín Rapetti: The Argentine
debt: history, default and restructuring
* Part III: Crisis Experiences When Most Credits Were Official
* 9: Enrique Cosío-Pascal: Paris Club: intergovernmental relations in
debt restructuring
* 10: Matthew Martin: Ethiopian debt policy: the long road from Paris
Club to the MDGs
* 11: Henry Northover: Human development advocacy for debt relief, aid
and governance
* Part IV: Political Economy and Institutional Reform
* 12: Brad Setser: The political economy of the SDRM
* 13: Anna Gelpern and Mitu Gulati: How CACs became boilerplate:
governments in "market-based " change
* 14: Barry Herman: Why the code of conduct for resolving sovereign
debt crises falls short
* 15: Jürgen Kaiser: Taking stock of proposals for more ordered
workouts
* 16: Patrick Bolton and David A. Skeel, Jr.: How to rethink sovereign
bankruptcy: a new role for IMF?
* Conclusion
* 17: Barry Herman, Jose Antonio Ocampo and Shari Spiegel: Towards a
Comprehensive Sovereign Debt Bankruptcy Regime