Sovereign Debt Restructurings in Belize: Debt Sustainability and Financial Stability Aspects

This paper examines the causes, processes, and outcomes of the two Belize sovereign debt restructurings in 2006–07 and in 2012–13, which occurred outside an IMF-supported program. It finds that the motivation for the two debt restructurings differed, as the former was driven by external liquidity co...

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Bibliographic Details
Main Authors: Tamon Asonuma, Michael G. Papaioannou, Gerardo Peraza, Kristine Vitola, Takahiro Tsuda
Format: Article
Language:English
Published: University of Warsaw 2017-07-01
Series:Journal of Banking and Financial Economics
Subjects:
Online Access:https://jbfe.wz.uw.edu.pl/resources/html/article/details?id=209683