Sovereign Debt Restructurings in Grenada: Causes, Processes, Outcomes, and Lessons Learned

This paper documents the two debt restructurings that Grenada undertook in 2004–06 and 2013–15. Both restructurings emerged as a consequence of weak fiscal and debt situations, which became unsustainable soon after external shocks hit the island economy. The two restructurings provided...

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Bibliographic Details
Main Authors: Tamon Asonuma, Mike Xin Li, Michael G. Papaioannou, Saji Thomas, Eriko Togo
Format: Article
Language:English
Published: University of Warsaw 2018-08-01
Series:Journal of Banking and Financial Economics
Subjects:
Online Access:https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1053&context=jbfe
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