J. A. Ocampo: International Debt Restructuring Court

341 views · Published 14 October 2009 · 3:03 · Indexed 20 September 2026

Channel: Carnegie Council for Ethics in International Affairs · 2009 · News & Politics

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"We endorse an idea that many developing countries strongly pushed for after the Asian crisis, and before in different incarnations, which is the idea of an international debt restructuring court. This is an international mechanism by which countries that have difficulties in paying their debts, their external liabilities, can go and do a formal process of restructuring, such as is done by a bankrupt firm in national bankruptcy regimes."
This Carnegie Council event took place on September 21, 2009. For the full video, audio, and transcript, go to http://www.cceia.org

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