The paper then discusses the Principles in some detail and suggests why some of their features are attractive and others are not. This in itself suggests what features of a more balanced set of principles might look like. It also looks at how the Principles have been received (without enthusiasm) and sees this as an opening for a new approach to the problem.
New York State law has enormous implications for sovereign debt sustainability and debt crises resolutions,
- 01/16/2025
- Policy Brief