Sovereign Debt Restructurings in Grenada: Causes, Processes, Outcomes, and Lessons Learned
This paper documents the two debt restructurings that Grenada undertook in 2004–06 and 2013–15. Both restructurings emerged as a consequence of weak fiscal and debt situations, which became unsustainable soon after external shocks hit the island economy. The two restructurings provided...
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Main Authors: | Tamon Asonuma, Mike Xin Li, Michael G. Papaioannou, Saji Thomas, Eriko Togo |
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Format: | Article |
Language: | English |
Published: |
University of Warsaw
2018-08-01
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Series: | Journal of Banking and Financial Economics |
Subjects: | |
Online Access: | https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1053&context=jbfe |
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