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Georgia

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Source: Georgia : Poverty Reduction Strategy Paper Progress Report

Volume/Issue: 2006/360

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2006

ISBN: 9781451814620

Keywords: law, customs, customs tariffs, customs code, water supply

This report is based on the progress of the Economic Development and Poverty Reduction Program (EDPRP) in Georgia. It highlights the status of measures intended for rapid and sustainable economic development in the...

Bond Restructuring and Moral Hazard

Bond Restructuring and Moral Hazard »

Source: Bond Restructuring and Moral Hazard : Are Collective Action Clauses Costly?

Volume/Issue: 2001/92

Series: IMF Working Papers

Author(s): Torbjorn Becker , Anthony Richards , and Yunyong Thaicharoen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2001

ISBN: 9781451851595

Keywords: Bond restructuring, contract design, law, bonds, bond, bondholders, International Lending and Debt Problems,

Many official groups have endorsed the wider use by emerging market borrowers of contract clauses which allow for a qualified majority of bondholders to restructure repayment terms in the event of financial distres...