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debt workout

Towards a lasting solution to sovereign debt problems (November 2012)

Rethinking Bretton Woods | Mon, Nov 12, 2012

Towards a lasting solution to sovereign debt problems (November 2012)

Following the global financial crisis, low-, middle- and high-income countries are seeing increased levels of sovereign debt. Today no international mechanism exists to deal comprehensively and effectively with sovereign debt problems. A lasting solution requires an independent debt workout mechanism.

CIDSE joins a number of large debt advocacy networks to call for a lasting solution to sovereign debt issues.