The Argentinian Debt: History, Default and Restructuring
Centro de Estudios de Estado y Sociedad (CEDES)
SUMMARY: For almost three decades, Argentina's foreign debt was continuously one of the main concerns of that country's economic policy. On the other hand, both the record amount of the defaulted debt and the novel characteristics of its restructuring may be sufficient reasons to include an analysis of Argentina in a selection of studies about sovereign debt. Therefore, the processes that led to the default of the debt and its subsequent restructuring constitute one of the focuses of this work. However, the case also presents other singular aspects that call for attention. Our analysis is also focused on some of them.
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