Argentina's Defaulted Sovereign Debt: Dealing with the "Holdouts"

Hornbeck, J. F.

Library of Congress. Congressional Research Service.

关键词: International finance;    Finance;    Budgets;    Debt;    Debt agreements;   

RP-ID  :  R41029
RP-ID  :  R41029_2010Jun17

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report reviews Argentina's financial crisis, the bond exchanges of 2005 and 2010, ongoing litigation, prospects for a final solution, related U.S. legislation, and broader policy issues. These include lessons on the effectiveness and cost of Argentina's default strategy, the ability to force sovereigns to meet their debt obligations, and ways to avoid future defaults like Argentina's.