How the Brady Plan Delivered on Debt Relief

Lessons and Implications

Description

The US Treasury Secretary Nicholas Brady introduced a plan enabling distressed sovereigns to restructure unsustainable debts through 'Brady bonds.' This Element examines the impact of the original Brady Plan by comparing outcomes for ten Brady countries against forty emerging markets and developing economies.

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Writer: Shenai, Neil (International Monetary Fund), Bolhuis, Marijn A. (International Monetary Fund)
Title: How the Brady Plan Delivered on Debt Relief
Publisher: Cambridge University Press

Year: 2026
Language: English
Pages: 114

EAN: 9781009747431
Binding format: Paperback / softback

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How the Brady Plan Delivered on Debt Relief

Lessons and Implications

Description

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