A Path to Postive Debt Workouts – New Rules for Global Finance Coalition

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A Path to Postive Debt Workouts

The Center for Financial Stability, a New York based non-profit think tank, has published an article titled “A Path to Positive Debt Workouts” which suggests 3 principles to facilitate “swift, successful, and sustainable debt restructuring agreements.”

These 3 principles are:

1) Get the Math Right (regarding debt sustainability assessments) 

2) Limit IMF exposure

3) Encourage Productive Negotiations

The complete article can be read here:  http://www.centerforfinancialstability.org/research/IMF_path_012714.pdf