Sovereign Debt at the Crossroads Challenges and Proposals for Resolving the Third World Debt Crisis

Recent world events have created a compelling need for new perspectives and realistic solutions to the problem of sovereign debt. The success of the Jubilee 2000 movement in raising public awareness of the devastating effects of debt, the spectacular default and economic implosion of Argentina, and the high-profile write-down of Iraqi debt have helped spur a global debate over sovereign debt. With contributions from leading members of the international debt community, including creditor and debtor representatives, economists, bankers, lawyers, activists, social scientists, and politicians, this book offers a timely guide for understanding and influencing that debate. Book jacket.

Chris Jochnick is an International lawyer with firm Paul, Weiss, Rifkind, Wharton & Garrison, adjunct professor at School of International and Public Affairs, Columbia University, and Editor of Otras Caras de la Deuda: Propuestas para la accion. Fraser Preston is a Senior Associate at Nautic Partners, an international private equity investment firm.