The political economy of sovereign debt crises: The current state of the debate on debt restructuring mechanisms

Authors

  • José Fernández Alonso Universidad Nacional de Rosario, Argentina.

DOI:

https://doi.org/10.32719/26312549.2018.18.6

Keywords:

Political economy, sovereign debt, Argentina, IMF, SDRM

Abstract

The goal of this research is to analyze the state of the contemporary debate on the mechanisms for sovereign debt restructuring. The article begins by unraveling the main guidelines supported by the proposals with the greatest political and economic impact since the opening of the debate, focusing specially on the developments reported in the following years. It also identifies the promoters of each one of them and the arguments that they put
forward –and they still use today– regarding the problems that determine all the processes of sovereign debt restructuring. Finally, the work culminates with some closing considerations.

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Author Biography

José Fernández Alonso, Universidad Nacional de Rosario, Argentina.

Doctor en Relaciones Internacionales, Universidad Nacional de Rosario, Argentina. Investigador Asistente, Consejo Nacional de Investigaciones Científicas y Técnicas, Argentina. Docente de Economía Internacional, Facultad de Ciencia Política y Relaciones Internacionales, Universidad Nacional de Rosario, Argentina

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Published

2018-07-19

How to Cite

Fernández Alonso, J. (2018). The political economy of sovereign debt crises: The current state of the debate on debt restructuring mechanisms. Comentario Internacional. Journal of the Andean Center of International Studies, (18), 127–142. https://doi.org/10.32719/26312549.2018.18.6

Issue

No. 18 (2018): Elecciones y democracia en América Latina

Section

Other issues

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