(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...

When credit card debt feels unmanageable, some borrowers look for ways to change the terms — but is that possible?

Sri Lanka’s debt restructuring distinguishes itself from others by its complexity due to a particularly diverse creditor landscape and novel instruments issued in the restructuring. Not eligible for ...

Sovereign debt restructurings can have large impacts on trade, with a significant compression of imports and a more ambiguous effect on exports. We show that the magnitude of that impact depends on ...

IN ONE OF his final acts of global engagement, Pope Francis convened a Jubilee Commission of experts—including ourselves and other leading experts in debt and development—at the Vatican to address a ...