A full public debt restructuring overhaul is unlikely

COVID-19 has devastated the already threadbare budgets of many developing countries; debt relief calls will grow

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In this article

  • A history of legal battles
  • Other responses
  • Sovereign default restructuring mechanism
  • Criticism
  • Revival
  • Outlook

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.